Asian stocks advanced on Tuesday, after U. Hong Kong outperformed as Chinese technology shares climbed after government approval of a Tencent Holdings Ltd. European contracts were little changed. Investors are also focusing on the U. The U. Expectations for a solid earnings season are underpinning the stock rally, as investors ponder how central banks will unwind the support driving the recovery from the pandemic.
Asian stocks follow Wall St higher ahead of earnings reports
US, Asian Stocks Advance as Investors await second-quarter earnings – Voice of Nigeria
The Nikkei in Tokyo surged 2. New Zealand and Southeast Asian markets also advanced. Banks, technology companies and industrial stocks powered much of the rally. The Dow Jones Industrial Average gained 1.