OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 20 points.
Prime Minister Boris Johnson was set to put his Brexit deal to a vote in Parliament on Tuesday, in the first test of whether he was won over enough lawmakers to his plan to pull the U.K. out of the European Union.
Investors are selling off shares in Boeing as the plane manufacturer was hit with downgrades and continues to face intense questions from regulators and elected officials about its safety practices and its grounded 737 MAX planes.
Overnight Summary
Each Market in Focus
The S&P 500 ticked up 0.7%, while the Nasdaq Composite gained 0.9%. The Dow Jones Industrial Average edged up 0.2%, weighed down by a decline in the shares of Boeing after the Wall Street Journal reported that Congress was intensifying scrutiny of the plane maker.
Month to date, prices for most-active silver futures trade around 3.4% higher, while gold futures have climbed by 1%, according to FactSet data.
Hong Kong stocks ended the session flat ahead of company earnings this week. The Hang Seng Index edged up 6.10 points to 26725.68 as investors stayed on the sidelines following China’s weak economic data released last Friday.
China Life Insurance provided the most support, jumping 5.0% after the company guided for a surge in its net profit for the first three quarters. Tech stocks offset the gains, with Techtronics Industries losing 2.8% and Sunny Optical falling 2.5%.
Singapore shares closed higher, in line with broadly stronger Asian equities. The FTSE Straits Times Index gained 0.8% to close at 3139.15.
Sembcorp firms surged on Temasek’s bid for a controlling stake in local conglomerate Keppel Corp., a move analysts say could give the state investment firm flexibility to steer the consolidation of Singapore’s offshore-and-marine industry.
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