Asia-Pacific markets were set to mostly climb Monday, with investors awaiting Korean central bank's rate decision and India' third-quarter GDP numbers this week.Singapore later in the day will release its inflation figures for October. Economists polled by Reuters expect the headline inflation rate of 1.8%, down from the 2% in the previous month.
The blue-chip Dow gained 426.16 points, or 0.97%, to 44,296.51, a new all-time closing high and its third straight positive session.CNBC Pro: Want to buy the dip in renewables? Morgan Stanley names 2 top picks with 60% upside The Wall Street bank identified its top overweight-rated stocks with over $2 billion in market cap and a revenue or capital expenditure exposure to sustainability themes.As investors position their portfolios for 2025, wealth managers are advocating for a diversified approach with selective bets on undervalued sectors.
"The stock market is living up to its historical dynamic of seasonal strength in November," Schein said."We expect this strength to continue into year-end."