- Asian stocks traded mixed as investors considered another all-time high for US equities on optimism that the global recovery can withstand risks from the coronavirus and tighter policy.
- Equities rose about 1% in Japan, but fell in Hong Kong and fluctuated in China and South Korea.
- US futures fell following the S&P500's 69th record close of the year, though volumes on Wall Street were lower than usual in the aftermath of the Christmas holiday.
- China's central bank, which promised more economic support over the weekend, increased a short-term liquidity injection.
- Traders were also digesting new Beijing restrictions on certain offshore listings, as well as a looming interest payment deadline for struggling property giant China Evergrande Group, whose shares rose on Tuesday.
- Shorter maturity Treasury yields in the US increased, while longer-term bond yields remained stable. The value of the dollar had hardly changed. Oil prices rose as investors bet that the omicron virus-strain outbreak will only be a temporary setback to the economy's recovery.
