Overnight stateside, the Dow Jones Industrial Average saw its fourth straight daily gain as it closed 227.51 points higher at 26,870.10. The S&P 500 was up 0.9% to finish its trading day at 3,226.56. while the Nasdaq Composite gained 0.5% to close at 10,550.49.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.05 after earlier declining to levels below 96.
The Japanese yen traded at 106.96 per dollar after strengthening sharply from levels above 107.1 yesterday. The Australian dollar changed hands at $0.6992 following a rise from levels below $0.696 seen earlier in the trading week.
Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.14% to $43.73 per barrel. U.S. crude futures also shed 0.27% to $41.09 per barrel.
— CNBC's Arjun Kharpal contributed to this report.
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July 16, 2020 at 06:38AM
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Asia Pacific stocks dip as China says its second-quarter GDP grew 3.2%; SMIC soars more than 200% in Shanghai debut - CNBC
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