Asian stock markets are mostly higher on Tuesday despite the absence of fresh cues from Wall Street, which was closed overnight for a holiday. Investors remained optimistic that economic growth in China will help support growth in the Asian region. Data released on Monday showed that China's economy gained further momentum towards the end of 2020.
Investors now look ahead to comments from U.S. Treasury Secretary nominee Janet Yellen on U.S. stimulus at the Senate confirmation hearing later today, with her prepared remarks calling on the federal government to "act big".
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Business News
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.