Asian Shares Advance Following Wall Street Rally Led by Tech Stocks
Boeing's Shares Fall After Inflight Incident, Saudi Arabia Cuts Oil Prices Amid Weak Demand Expectations
- Asian shares advanced Tuesday after Wall Street rallied to claw back almost all the losses from its slow start to the year.
- Big Tech stocks, the main driver of Wall Street’s big advance last year, led the rally.
- Boeing's shares fell 8% after one of its jets suffered an inflight blowout over Oregon.
- Saudi Arabia gave indications of potentially weak demand for crude, cutting prices of its oil for February delivery.
- Expectations are high for Thursday’s release of the latest inflation data for U.S. consumers.
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