Asia stocks set to rise Tuesday on upbeat data, focus on China PMI


Australian S&P/ASX 200 futures rose 1.15% while Japan's Nikkei 225 futures ticked up 0.11%. Hong Kong's Hang Seng index futures climbed 0.62%.

NEW YORK: Asian markets were poised to follow Wall Street's firm lead on Tuesday as the sentiment boost from upbeat U.S. data outweighed the threat of rising COVID-19 infections in the world's largest economy.

Investors cheered strong U.S. housing data that showed a bounce back in home sales, and are anticipating positive jobs data later this week as the U.S. jobs numbers are expected to tick up as people head back to work.

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PMI , US data , factory activity

   

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