Stocks are trading higher after a negative start to the week

Japan Exchange Group Inc. on Monday, November 30, 2020, in Tokyo, Japan. (JPX) Onlookers stand in front of an electronic ticker at the Tokyo Stock Exchange (TSE).

Toru Hanoi | Bloomberg via Getty Images

Asia-Pacific shares were mixed on Tuesday after a sharp fall on Monday.

The Nikki 225 Japan rose 0.61%, while the TOPICS index gained 0.7%. In Australia, the S&P/ASX 200 0.25% added. The Shanghai Mix Mainland China rose 0.26% Shenzhen component was 0.314% higher.

of South Korea Cosby Struggling for direction, it last lost 0.62%, while Costco lost 0.74%. In Hong Kong, the Hang Seng Index Losing 1.06%, the Hang Seng Tech index fell 1.7%.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.29%. China’s industrial profits from January to August fell 2.1% from the same period a year ago, according to official data.

Overnight in the US, major stock indexes fell. The S&P 500 fell 1.03% to 3,655.04, a new closing low for 2022. The Dow Jones Industrial Average lost 329.60 points, or 1.11%, to 29,260.81 in a bear market. The Nasdaq composite was down 0.6% at 10,802.92.

“Selling in bonds and stocks continued as sterling’s weakness highlighted markets’ vulnerability to policy uncertainty,” ANZ Research analysts wrote in a Tuesday note. pound A low achievement was achieved.

— CNBC’s Sarah Min and Tanaya Machill contributed to this report.

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