Asia-Pacific markets opened higher following Wall Street's rebound from worst week of 2024

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Asia-Pacific markets opened higher following Wall Street's rebound from worst week of 2024
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Traders in Asia are watching August trade data from China and India. China’s exports and imports are expected to grow by 6.5% year-on-year and 2%,…

Asia-Pacific markets opened higher on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year.

Traders in Asia are watching August trade data from China and India. China's exports and imports are expected to grow by 6.5% year-on-year and 2.0%, respectively, in dollar terms.The S&P 500 gained 1.16%, after posting its worst week since March 2023. The Nasdaq Composite also jumped 1.16% following its worst week in more than two years.

Traders in Asia will monitor August trade data from China and India. China's exports and imports for August are expected to grow by 6.5% year-on-year and 2.0%, respectively, according to a Reuters poll, in what would be the slowest pace in four months.an event at its headquarters in Cupertino, California, where it unveiled the iPhone 16 Pro and the iPhone 16 Pro Max, which join the iPhone 16 and iPhone 16 Plus the company announced earlier.

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