Asian stocks advanced on Tuesday as geopolitical tensions eased and tech stocks rebounded on dip buying.
Risk appetite improved, the dollar weakened slightly and oil prices came off recent highs after Israel and Iran halted attacks on each other following a warning from U.S. President Donald Trump.
China's Shanghai Composite index climbed 1.28 percent to 4,010.03 despite heightened U.S.-China tensions after the Pentagon accused some of Chinese biggest companies, including Alibaba, Baidu and BYD of supporting the Chinese military. Hong Kong's Hang Seng index slipped 0.37 percent to 24,565.90.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.