Asia Markets: Asian markets get a lift from rally in tech stocks

Stocks in Asia broadly rose Tuesday, with tech firms getting a shot in the arm from strong earnings from their U.S. counterparts overnight.

Additionally, investors sought to reposition themselves as many local markets returned from the Labor Day holiday. In Japan, Tuesday was the last trading day of the week before the Golden Week holiday.

Still, there was a note of caution ahead of a Federal Reserve two-day meeting starting later in the day, a key U.S. jobs report on Friday, and the final round of the French presidential election on Sunday.

“The market is a little bit undecided about what’s going to happen,” said Christoffer Moltke-Leth, director of global sales trading at Saxo Capital Markets.

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