Business
Asia Pacific stocks trade higher; Reserve Bank of Australia’s interest rate decision awaited – CNBC
The Reserve Bank of Australia’s interest rate decision is expected to be out at about 12:30 p.m. HK/SIN on Tuesday. That comes as social distancing measures have been ramped up in the Australian state of Victoria to contain the coronavirus.
Overnight on Wall Street, the Dow Jones Industrial Average closed 236.08 points higher, or 0.9%, at 26,664.40. The Nasdaq Composite jumped 1.5% to an all-time high, ending its trading day at 10,902.80. The S&P 500 rose 0.7% to 3,294.61, its highest closing level since Feb. 21.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.557 after earlier seeing levels around 94.
The Japanese yen traded at 106.03 per dollar after weakening from levels around 10…
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