Asian stocks climb on Wall Street lead; yuan, euro sag

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The story "Asian stocks climb on Wall Street lead; yuan, euro sag" was covered 1 days ago by The Star, a news publisher based in Malaysia.

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The Star 1d ago

Asian stocks climb on Wall Street lead; yuan, euro sag - The Star

Quick Summary:

TOKYO: Asian stocks jumped on Tuesday led by an outperforming tech sector following record highs on Wall Street overnight, while the dollar recovered lost ground against major rivals as traders weighed the outlook for U.S.interest rates.

Investors were also monitoring the political turmoil in France as the government there teetered on the brink of collapse, leaving the euro languishing close to a one-week low.

However, Chinese stocks were heavy, with Hong Kong's Hang Seng managing only a 0.1% rise and mainland blue chips falling 0.4%.