Asian markets mostly win as Wall Street continues to grow

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Asian markets mostly gained early Tuesday after Wall Street continued to recover.
Nikkei 225 from Japan
NIK,
-0.37%

0.6% while the Hong Kong Hang Seng index
HSI,
+ 1.13%

increased by 1%. The Shanghai composite
SHCOMP,
+ 0.62%

0.2% advanced, like the Shenzhen Composite
399106,
+ 0.67%

edged up 0.1%. Kospi in South Korea
180721,
+ 0.21%

slightly down, while benchmarks in Singapore
STI,
-0.10%

and Indonesia
JAKIDX,
-0.70%

won. Taiwan Taiex
Y9999,
+ 0.23%

rebounded from slight gains and losses, and the Australian S & P / ASX 200
XJO,
+ 2.43%

jumped 2.2% as traders returned from their Monday holidays.

Samsung Electronics
005930,
+ 1.09% and Samsung Biologics
207940,
+ 1.80%

won while Samsung C&T fell
028260,
-0.88%

after a South Korean court refused to issue an arrest warrant against Lee Jae-yong, head of the Samsung group, citing a lack of evidence for corruption charges, according to the Yonhap news agency. Lee was imprisoned for about a year in 2017 for corruption and embezzlement, but was released pending a new trial.
Geopolitical tensions also increased after North Korea said it would cut communication channels with South Korea due to the South’s inability to prevent militants from sending anti-North leaflets across the balloon border.

“With a sense of risk at too bullish levels, wider markets will remain extremely sensitive to bad news on all fronts, whether economic or geopolitical,” wrote Stephen Innes, chief global market strategist at AxiCorp, in a note.
US stock indexes closed above or near their all-time highs on Monday as the country continued to reopen after the coronavirus closings, raising hopes of a rapid economic rebound.
Dow Jones industrial average
DJIA,
+ 1.70%

climbed 461.46 points, or 1.7%, to finish at 27,572.44, its sixth consecutive gain. The S&P 500
SPX,
+ 1.20%

rose 38.46 points, or 1.2%, to finish at 3,232.39. The technology-intensive Nasdaq composite index
COMP,
+ 1.12%

gained 110.66 points, or 1.1%, to finish at 9,924.74, a new closing record.
On the energy markets, benchmark for American crude
CLN20,
-2.74%

rose to $ 38.66 a barrel in ecommerce on the New York Mercantile Exchange. Brent crude
BRNQ20,
-2.03%

, the benchmark for international oils, reached $ 41.24 a barrel in London.
The dollar
USDJPY,
-0.44%

dropped to 108.16 yen.

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