Investing.com– Asian stocks were largely subdued on Tuesday tracking overnight losses on Wall Street amid thin trading volumes at year-end, while investors assessed the Chinese manufacturing activity data.
U.S. stock index futures were slightly lower in Asian trade on Tuesday, after Wall Street fell sharply with tech stocks dipping amid profit-taking on Monday.expanded for a third straight month in December as a raft of fresh stimulus measures continued to provide support, purchasing managers index data showed on Tuesday. data showed on Tuesday.
Markets are holding out for more clarity on Beijing’s plans for stimulus measures in the coming year. Recent reports suggested that the country will ramp up fiscal spending to support economic growth.A South Korean court approved an arrest warrant on Tuesday for President Yoon Suk Yeol, who has been impeached and suspended from office following his December 3 decision to impose martial law, according to investigative authorities.
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