Asia-Pacific markets displayed mixed performance at Tuesday's open following a session of mostly higher closes on Wall Street, as investors rotated into rate-sensitive technology stocks ahead of a widely anticipated interest rate cut by the Federal Reserve.
By 11:45 am AEDT (12:45 am GMT), the ASX 200 rose 0.4%, Japan's Nikkei 225 gained 0.5%, while South Korea's Kospi 200 fell 0.7%.
In the U.S., the Nasdaq Composite led gains, climbing 1.2%, followed by the S&P 500, which increased 0.4%. However, the Dow Jones Industrial Average slipped 0.3%.
Among S&P 500 companies, Broadcom surged 11.2%, Tesla advanced 6.1%, and Micron Technology gained 5.6%.
On the downside, Nvidia shed 1.7%, Super Micro Computer fell 8.3%, CVS Health declined 5.7%, and Phillips 66 dropped 5.3%.
In commodities, Brent crude oil eased 0.93% to $US73.80 per barrel, while gold edged up 0.13% to $US2,651.75 per ounce.
In Asia, Chinese markets closed lower, with the Shanghai Composite Index slipping 0.2% to 3,386.3 and the CSI 300 declining 0.5% to 3,911.8.
Hong Kong's Hang Seng Index also fell 0.9% to 19,795.5. Indian markets followed the trend, with the BSE SENSEX dropping 0.5% to 81,748.6.
European stocks closed in negative territory. The UK’s FTSE 100 dropped 0.5% to 8,262.1, while Germany's DAX fell 0.5% to 20,313.8, and France's CAC 40 slid 0.7% to 7,357.1.
