Asian stock markets are in positive territory on Tuesday following the strong gains overnight on Wall Street as investor sentiment was bolstered by upbeat U.S. housing data and hopes of more stimulus measures, which offset worries about the sharp spikes in new coronavirus cases in the U.S. and other parts of the world. Data showing that China's manufacturing sector expanded more than expected in June also boosted stocks.
The Australian market is rising following the positive cues from Wall Street.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.