Most Asian stock markets rose on Tuesday, with South Korea leading gains following Wall Street’s record highs, while Japan’s Nikkei slipped after U.S. President Donald Trump threatened fresh tariffs against Tokyo.
Gains were limited as investors exercised caution ahead of Trump’s July 9 tariff deadline, when rates are set to rise from the temporary 10% until a deal is reached.
Major U.S. stock indexes saw stellar quarterly gains on Monday, with the S&P 500 and Nasdaq hitting fresh record closing highs.
U.S. stock index futures also edged higher in Asian trading hours on Tuesday.
