Asia markets rise as Wall Street comes off winning day; Japan unemployment higher than expected

Japan ,Tokyo City skyline, Tokyo Tower. (Photo by: Dukas/Universal Images Group via Getty Images)

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Asia-Pacific markets rose across the board as Wall Street came off a winning day on Monday. Names like Meta and Apple traded slightly higher, while Nvidia added 1.8%. Shares of electric vehicle giant Tesla inched up 0.1%.

Japan’s Nikkei 225 climbed 0.28% after leading gains in Asia on Monday, while the Topix was up 0.15%.

The country’s unemployment rate for July also came in higher than expected, at 2.7% compared with the 2.5% expected in a Reuters poll.

Australia’s S&P/ASX 200 rose 0.11%, while South Korea’s Kospi gained 0.27% and the Kosdaq was 0.17% higher.

Hong Kong’s Hang Seng index extended gains and climbed 0.74%, while on mainland China, the CSI 300 hovered below the flatline.

Overnight in the U.S., all three major indexes gained ground, with the Dow Jones Industrial Average climbing 0.62% and the S&P 500 cup 0.63% limbed 0.63%. The Nasdaq Composite advanced 0.84%.

Monday’s rally was broad: Ten of the 11 sectors in the S&P 500 were positive. The only outlier was the utilities sector, which ticked lower by 0.04%.

— CNBC’s Samantha Subin and Brian Evans contributed to this report

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