Asian Stocks Rise as Wall Street Nears Record Highs

Asian stock markets showed mixed results on Tuesday following Wall Street`s recent gains. Tokyo`s Nikkei index saw a significant rise, while Hong Kong and Shanghai experienced declines. Australia`s market edged up slightly. South Korea`s Kospi index also rose. These market movements followed a positive day on Wall Street, where the S&P 500 index achieved its eighth consecutive gain, approaching its record high. Investors are now focused on an upcoming speech by Federal Reserve Chair Jerome Powell, anticipating insights into future interest rate decisions. While rate cuts are expected, the extent of easing remains uncertain.