Stock Market Live Updates: Asian markets open positive amid Middle East concerns

On Tuesday, Asian markets began the day with an upward trend, showing resilience in the face of developments in the Middle East and increasing geopolitical tensions.

The Japanese Nikkei 255 index opened at 32,107.63, marking a 1.42% increase, while the Topix index rose by 1.20% to 2,300.83. South Korea’s KOSPI index also experienced a positive start, gaining 0.80% to reach 2,455.61. Additionally, Australia’s S&P/ASX 200 showed a 0.58% increase, reaching 7,067.10.

The performance of Wall Street on Monday will play a pivotal role in shaping market sentiment across Asia. Notably, there are no significant economic indicators scheduled for release that could sway the markets. On Monday, the Dow Jones Industrial Average saw a rise of 314.25 points, equivalent to a 0.93% increase, settling at 33,984.54. Similarly, the S&P 500 gained 45.85 points (1.06%) to close at 4,373.63, and the Nasdaq Composite added 160.75 points (1.2%) to reach 13,567.98.