Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise.
pongnathee kluaythong | Moment | Getty Images
Asia-Pacific markets climbed Tuesday as investors awaited further details on the U.S.-China trade talks, which were slated to continue for a second day.
Officials from both countries held trade talks in London on Monday, with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer meeting with their Chinese counterparts led by Beijing’s Vice Premier He Lifeng.
Christian Floro, market strategist at Principal Asset Management foresees that the “market backdrop will remain uncertain in the period ahead,” in light of the “fluid nature of trade policy.”
Urging investors to prepare for continued market volatility, Floro noted that now is an opportune time to look at “previously overlooked value-oriented stocks and international equities.”
He identified investment opportunities in domestic-oriented sectors such as utilities, real estate and financials which are typically less sensitive to trade-related shocks. Pockets of opportunities can also be found in software and internet companies, Floro added in a Tuesday note.
Japan’s benchmark Nikkei 225 rose 0.92%, while the broader Topix index increased by 0.5%.
In South Korea, the Kospi index advanced 1%, while the small-cap Kosdaq added 0.55%.
Mainland China’s CSI 300 index moved up 0.19% while Hong Kong’s Hang Seng Index increased by 0.41%.
Australia’s S&P/ASX 200 benchmark advanced 0.73%.
— CNBC’s Pia Singh and Jesse Pound contributed to this report.
Read More: live updates for June 10 2025