Asia stocks advance ahead of Trump speech, China congress

HONG KONG (AP) — Asian stocks were mostly higher Tuesday after another strong finish on Wall Street as investors awaited a speech by President Donald Trump to the U.S. Congress.

KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.7 percent to 19,242.12 and South Korea’s Kospi rose 0.3 percent to 2,091.22. Hong Kong’s Hang Seng slipped 0.1 percent to 23,899.76 and the Shanghai Composite index in mainland China was flat at 3,228.74. Australia’s S&P/ASX 200 climbed 0.3 percent to 5,740.50.

BIG SPEECH: Investors are awaiting Trump’s first speech to a joint session of Congress, scheduled for Tuesday evening — or Wednesday morning in Asia. Investors are hoping he’ll outline promised tax cuts, infrastructure spending and other business friendly policies. On Monday he told a group of governors, “We’re going to start spending on infrastructure big.” He also…

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