Nikkei 225 hits fresh high as Japan stocks continue to rally; Aussie business confidence climbs

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Asia-Pacific markets rose on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs overnight.

Asia-Pacific markets traded mostly higher on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs overnight.

Investors are looking forward to the upcoming release of the U.S. consumer price index on Thursday to gauge the path of the Federal Reserve's interest rate decisions.inched up 0.16% as shares of heavyweight Samsung Electronics gained 0.34%, even as the company's largest union continued its three-day strike as it seeks better pay.

"The facility, which is planned to start production at the end of 2026, will directly employ up to 5,000 people," he said on social media platform X. Last week,"Business confidence rose relatively sharply in the month and is now back into positive territory and at its highest level since early 2023," said NAB's Head of Australian Economics, Gareth Spence.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyInvestors are also looking forward to the upcoming release of the U.S. consumer price index on Thursday for hints on the Federal Reserve's interest rate decision. Meanwhile, China's inflation data on Wednesday will provide insights on the state of the country's economic recovery.and Nasdaq closed at record highs.

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Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higherJapan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher.
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Stock market today: Japan's Nikkei 225 hits new record close, leading Asian shares higherJapan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher.
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