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Asian shares higher after strong earnings, data lift Wall St

Asian shares higher after strong earnings, data lift Wall St

ABC News
Tuesday, May 04, 2021 07:28:58 AM UTC

Asian shares are mostly higher after strong corporate earnings and data lifted stocks on Wall Street

Asian shares were mostly higher on Tuesday after strong corporate earnings and economic data lifted stocks on Wall Street. Hong Kong, Sydney and Seoul advanced. Tokyo and Shanghai were closed for holidays. On Monday, a strong dose of positive earnings reports and economic data that showed the U.S. economy is growing pushed the S&P 500 up 0.3%. U.S. futures were lower on Tuesday. Hong Kong's Hang Seng rose 0.5% to 28,500.95 and the S&P/ASX 200 gained 0.5% to 7,060.40. In Seoul, the Kospi picked up 0.6% to 3,144.66. India's Sensex added 0.3% to 48,889.73.
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