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Asian Stock Markets Are Up, Japanese Automakers Are Surging (TM, MZDAY, HMC)

Acura NSX Concept

Asian markets are up slightly early in the trading session, chasing modest gains in the U.S. markets on Tuesday.

Japan's Nikkei is up 0.6%.

Korea's Kospi is up 0.7%.

Australia's S&P/ASX is up 0.2%.

The stock market leaders are the Japanese automakers, which are being driven by Toyota's announcement that it raised full year earnings guidance.

Toyota is up 3.7%.

Mazda Motor is up 4.4%.

Honda Motor is up 1.9%.

Mitsubishi Motors is up 1.1%.

This rally is occuring despite the ongoing stalemate in Greek debt swap talks, which seem to be making little progress and could potentially push the country to a default.

U.S. futures are only modestly lower, with Dow futures down 8 points.

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See Also:

  • European Stocks Are Flat As Global Rally Takes A Break
  • Egypt Stocks Dive After Soccer Riots Leave 74 Dead
  • RALLY PAUSES AHEAD OF FRIDAY'S BIG JOBS REPORT: Here's What You Need To Know



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