(Bloomberg) — Shares mostly rose in Asia following a tech-driven rally on Wall Street, as investors look ahead to crucial US inflation data due Tuesday.
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Stocks gained in Japan and Hong Kong, while those in mainland China and Australia were a tad down. The moves followed Friday’s 2.3% gain for the Nasdaq 100, fueled by a record high for Microsoft Corp. The S&P 500 rose 1.6%. US stock futures slid in Asia’s morning session.
Markets are closed in Singapore and Malaysia for a holiday.
Australian and New Zealand government bonds edged lower after short-dated Treasuries sold off on Friday. Those declines failed to weigh on the long end of the curve. The 30-year yield was left largely unchanged while the 10-year yield rose three basis points.
Both Treasuries and the dollar were steady Monday.
All eyes are on the upcoming US consumer price data, which is expected to…
