Asian stocks were poised to open higher as traders navigated their way through a US-China trade war and earnings from Wall Street’s big tech companies. Chinese markets were set to reopen on Wednesday.
Australian shares gained and stock futures for Japan and Hong Kong rose. Contracts for US equities edged lower as Google’s parent Alphabet Inc. and Advanced Micro Devices Inc. tumbled in extended trading. US stock indexes had earlier rebounded after a wave of dip-buying with a Bloomberg gauge of the “Magnificent Seven” megacaps advancing 1.7%. Treasury yields fell on Tuesday, weighing on the dollar.