Asian stocks set to rise as tech, stimulus hopes fuel global rally


Australian S&P/ASX 200 futures rose 1.05% in early trading. Hong Kong's Hang Seng index futures rose 0.11%. E-mini futures for the S&P 500 rose 0.01%.

NEW YORK: Asian stocks were set to rise on Tuesday as a renewed tech rally and fresh optimism that Washington would deliver a coronavirus relief package helped lift global equity markets.

Shares in Apple Inc surged 6.4% on Wall Street on Monday ahead of an expected debut of its latest iPhone on Tuesday, helping boost technology stocks, while Amazon rallied 4.8% ahead of its Prime Day shopping event this week.

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