US Stocks climbed, with the benchmark Standard & Poor’s 500 Index rising to a record high after the US President Barack Obama called on the Federal Communications Commission (FCC) to adopt rules to protect net neutrality.
The S&P 500 index jumped 0.31% to 2,038.26, while the Dow Jones Industrial Average rose 0.23% to 17,613.74 and Nasdaq gained 0.41% to close at 4,651.62 at the time of writing.
A report from the US Labour Department released on Friday showed that the US non-farm payrolls climbed 214,000 in October, compared to analysts forecast of 235,000. The report also revealed that the unemployment rate dropped to a six-year lower of 5.8%.
Stocks in the Asian region were seen mostly trading higher on Tuesday.
The Japanese Nikkei 225 index climbed 2.05% higher to 17,124.11 points, while Tokyo’s Topix index added 1.11% to 1,375.21 points.
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The Japanese yen weakened against the US dollar on Tuesday, trading around 115.16 yen against 114.20 yen on Monday, boosting gains for Japanese exporters.
Nissan Motor went up 1.4%, while Sumitomo Metal Mining added 4.9% after increasing its annual profit forecast. Sharp added 1%, Nikon rose 1.4% and KDDI advanced 2%.
A report released showed that Japan’s unadjusted current account surplus came in at 963.0 billion yen in September from 287.1 billion yen in the previous month.
Hong Kong’s Hang Seng index climbed 0.19% to 23,790.72 points at the time of writing, while the Chinese mainland Shanghai Composite slid 0.73% lower to 2,455.78 points. On Monday, Hong Kong Exchange & Clearing reported that cross trading between Hang Seng and SSE will begin on November 17.
The South Korean Kospi index gained 0.24% to 1,963.01 points, while the Australian benchmark S&P/ASX 200 index fell 0.12% lower to 5,517.10 points.
Australia’s business industry, the National Australia Bank (NAB) Business Conditions index jumped 12 points in October, while NAB’s Confidence index dropped 1 point to 4, the report showed.
Stocks in Europe were seen rising on Tuesday, lifted by gains seen on Wall Street overnight.
The European Euro Stoxx 50 was up 0.25% to 3,102.29, while the German DAX 30 added 0.28% to start at 9,377.99 at the time of writing. The UK’s benchmark FTSE 100 advanced 0.03% to 6,613.02, while the French CAC 40 edged 0.11% higher to 4,227.67 at the time of writing.
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