Asia-Pacific stocks rise after Wall Street bounces back

SINGAPORE — Shares in the Asia-Pacific region traded higher on Wednesday, as Wall Street bounced back after a turbulent week last week. Investors will be looking ahead to the minutes from Bank of Japan’s monetary policy meeting.

Japan’s Nikkei 225 rose 0.52% in early trade, while the Topix gained 0.6%.

The S&P/ASX 200 in Australia advanced 0.41%.

In South Korea, the Kospi sat just above the flatline, while the Kosdaq was up 0.77%.

Major indexes in the U.S. jumped on Tuesday stateside after weeks of declines. The Dow Jones Industrial Average gained 641.47 points or 2.15% to 30,530.25, while the S&P 500 rose 2.45% to 3,764.79. The tech-focused Nasdaq advanced 2.51% to 11,069.302.

Stock picks and investing trends from CNBC Pro:

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, last traded at 104.407.

The Australian dollar was at $0.6956, after falling from levels above $0.702 late last week.

Oil futures fell in Asia trade. International benchmark Brent crude futures slipped 0.42% to $114.17 per barrel. U.S. crude futures also dropped by 0.48% to $108.99 per barrel.

(With Inputs from CNBC)

#AsiaPacific #stocks #rise #Wall #Street #bounces