From Nasdaq:



Asian stocks ended mixed in thin trade on Tuesday, with markets in Hong Kong, New Zealand, and Australia closed for holidays. The dollar wobbled due to a softer-than-expected reading on the PCE price index, leading to bets that the Federal Reserve will cut interest rates. Lower Treasury yields helped gold prices tick higher, while oil prices were little changed after Israel said it was “intensifying the fighting” against Hamas in Gaza.

Japanese shares eked out modest gains as the yen steadied near its recent five-month peak on expectations that the Bank of Japan could soon mark an end to its ultra-easy policy. The Nikkei average edged up 0.16 percent, while South Korea’s KOSPI average inched up 0.12 percent. India’s Sensex was up 0.4 percent, led by metal and energy stocks. U.S. stocks ended mixed on Friday as investors headed into the Christmas holiday weekend. The Dow slipped 0.1 percent, while the S&P 500 and the Nasdaq Composite both rose about 0.2 percent.

The Bank of Japan Governor stated that the likelihood of achieving the central bank’s 2 percent inflation target was “gradually rising” and it would consider changing policy if prospects of sustainably achieving the price stability target rise “sufficiently”. In addition, data revealed orders for newly manufactured durable goods registered their biggest monthly increase in more than three years in November.



Read more: Asian Shares Mostly Higher In Thin Holiday Trade