Asia-Pacific markets rise after key Wall Street indexes gain overnight

Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout.

Japan’s benchmark Nikkei 225 was up 0.73%, while the broader Topix index added 0.91%.

Japanese markets fell into correction territory in the previous session, with the Nikkei 225 falling 4.05% to end the day at a six-month low.

The Kospi index advanced 1.44% while the small-cap Kosdaq surged 2.48%.

Mainland China’s CSI 300 started the day 0.01% higher while Hong Kong’s Hang Seng Index was up 0.66%.

China’s Caixin PMI for March came in at 51.2, compared to the 51.1 reading penciled by economists in Reuters’ poll, and slightly higher than the 50.8 reading in the previous month.

Australia’s S&P/ASX 200 pared gains to rise 0.42%, ahead of the Reserve Bank of Australia’s policy meeting later in the day. The central bank is widely expected to stand pat on interest rates at 4.1% as the country heads to the polls on May 3.

— CNBC’s Brian Evans and Lisa Kailai Han contributed to this report.