Asian shares were off to a tepid start at the open Tuesday after a rebound in big tech drove US stocks higher.
A regional stock index swung between small gains and losses while equity-index futures for the US dipped 0.2%. Bonds were steady in early Asian trading and the dollar was little changed after hitting its lowest since 2023 in the last session.
Technology shares helped lift the S&P 500 0.4% at the start of what’s historically one of its quietest months for gains. Oil extended gains early Tuesday, while gold was steady after clocking its biggest daily gain in four weeks.
Investors are keeping a close eye on the latest twists in the trade war after a slew of headlines Monday.
The US extended the exclusion of Section 301 tariffs on some Chinese goods until Aug. 31. President Donald Trump’s administration wants countries to provide their “best offer” on trade negotiations by Wednesday, Reuters reported.
The US is pushing for a call between Trump and Xi Jinping after the two countries accused each other of violating a trade agreement reached last month.
