Asia-Pacific markets mostly rose, on the back of the S&P 500 hitting new highs as artificial intelligence firm Nvidia overtakes Microsoft as the most valuable public company.
Traders in Asia will focus on Japan's trade data for May. Exports grew 13.5% year-on-year, while imports grew 9.5% during the same period.Shares of the chipmaker jumped 3.5% overnight on Wall Street and have surged 174% since the beginning of the year. The broad market index advanced 0.25% to close at 5,487.03, while theTraders in Asia will focus on Japan's trade data for May, which saw exports beat expectations. Exports grew 13.
Separately, investors will assess the Reuters Tankan index which showed business confidence among large Japanese manufacturers decreased to +6 from +9 in May. On the flip side, business confidence among non-manufacturers climbed to +31 from +26 in May.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCLA - 🏆 319. / 59 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »
Source: nbcsandiego - 🏆 524. / 51 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »
Source: NBCDFW - 🏆 288. / 63 Read more »