Investing.com - Asian Pacific shares opened higher on Tuesday, following a mixed session on Wall Street, where a decline in US tech stocks impacted major indexes.
The S&P/ASX 200, KOSPI 200, and Nikkei 225 each gained around 0.6%, 0.1% and 0.2% respectively by 10:50 am AEST (12:50 am GMT).
In the US, the Dow Jones Industrial Average rose 260 points, or 0.7%, to 39,411, boosted by gains in Amgen Inc (NASDAQ:AMGN), Goldman Sachs Group Inc (NYSE:GS), and Chevron Corp (NYSE:CVX).
However, the S&P 500 slipped 0.3% to 5,447, and the Nasdaq dropped 1.1% to 17,496, influenced by a pullback in tech stocks, including Nvidia which fell 6.7%.
The energy sector emerged as the best performer, climbing 2.7%, as oil prices increased due to tightening supply and demand outlook. Brent crude oil rose 0.9% to US$86.01 a barrel, while gold remained steady at US$2,333.86.
Chinese shares saw a decline, influenced by software and property stocks. The Shanghai Composite Index closed 1.2% lower at 2,963.10, with the Shenzhen Composite Index and the ChiNext Price Index also experiencing losses. The Hang Seng Index in Hong Kong ended flat at 18,027.71.
Japanese stocks ended higher, led by gains in auto stocks like Toyota Motor and Honda Motor, as the yen weakened recently. The Nikkei Stock Average advanced 0.5% to 38,804.65.
Indian shares saw a slight increase, supported by power and financial stocks, with the Sensex rising 0.2% to 77,341.08.
In the UK, the FTSE 100 Index rose 0.5% to 8281.55. Prudential (LON:PRU) PLC was the biggest gainer, surging 7.3%.
European shares closed higher, with the STOXX Europe 600 Index up 0.7% to 518.87, Germany's DAX gaining 0.9% to 18,325.58, and France's CAC 40 adding 1.0% to 7,706.89.