Name: Airline stocks jump as vaccine hopes again lift markets; Asia-Pacific shares mixed
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Airline stocks jump as vaccine hopes again lift markets; Asia-Pacific shares mixed

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Key PointsSINGAPORE — Asia-Pacific shares were mixed by the close on Tuesday even as vaccine hopes once again lifted Wall Street to record highs. Airline stocks in the region got a boost.In Japan, the rose 0.42% to close at 26,014.62, after touching a 52-week high on Monday. The Topix edged up 0.16% to 1,734.66.Over in Australia, the rose 0.21% to close at 6,498.20. The bourse resumed trading on Tuesday after a nearly full-day trading halt Monday that it said was due to a software issue which created "inaccurate market data."Mainland Chinese stocks were subdued. The Shanghai composite edged down 0.21% to close at 3,339.90, while the Shenzhen component declined 0.85% to 13,732.52.Hong Kong's was above the flatline in the afternoon.South Korea's edged down 0.15% to 2,539.15.Over in Singapore, the Straits Times index jumped nearly 1% in the afternoon. The country reported , falling 3.1% year-on-year, as compared to forecasts of a 5.7% rise, according to Reuters.Overall, &nbsp;was almost flat.Wall Street was buoyed to record highs after Moderna said preliminary phase three trial data shows its&nbsp;&nbsp;vaccine is .The&nbsp;&nbsp;gained 470.63 points, or 1.6%, to close at 29,950.44. The 30-stock Dow logged intraday and closing record highs. The&nbsp;&nbsp;climbed 1.2% to 3,626.91, posting an all-time closing high. The&nbsp;&nbsp;advanced 0.8% to 11,924.13.That came after Pfizer and&nbsp;&nbsp;announced last week that ."Equity markets focused on the improving medium‑term growth implications, which appear to be brightening from H2 2021 onwards. Yet the current virus surge is stifling near-term growth prospects," cautioned Felicity Emmett, a senior economist at ANZ, in a Tuesday note.Outbreaks in the U.S. are still spiking, as the country added 1 million new cases of the virus in under a week.&nbsp;The country has now recorded more than 11 million , according to Johns Hopkins University data.Airline stocks regionally jumped on the vaccine development.In Australia, rose 1.54%, while jumped around 2.74%.Over in Japan, jumped 3.72%, while All Nippon Airways surged more than 4%. bounced nearly 5%, and Hong Kong's surged 7%.Oil prices were subdued in the afternoon of Asia hours after jumping 3% on Monday on the back of positive vaccine news.&nbsp;&nbsp;edged down 0.12% to $41.29 per barrel. International benchmark&nbsp;&nbsp;were up 0.16% to $43.89 per barrel.Oil stocks in Australia, too, saw gains by the close. rose 3.41%, surged 4.26%, and rocketed past 6%.Meanwhile, copper prices hit a 29-month high on Monday, according to Reuters. That reflected optimism around demand in China after the country reported better-than-expected factory output in October.The , which tracks the greenback against a basket of its peers, was trading at 92.563, sliding from levels above 92.6 earlier.The traded at 104.52 against the greenback, a touch firmer as compared to Monday. The was at 0.7303 against the dollar, strengthening from the 0.72 mark yesterday.Subscribe to CNBC PRO to access live PRO Talks live, including our&nbsp;.

Key PointsSINGAPORE — Asia-Pacific shares were mixed by the close on Tuesday even as vaccine hopes once again lifted Wall Street to record highs. Airline stocks in the region got a boost.In Japan, the rose 0.42% to close at 26,014.62, after touching a 52-week high on Monday. The Topix edged up 0.16% to 1,734.66.Over in Australia, the rose 0.21% to close at 6,498.20. The bourse resumed trading on Tuesday after a nearly full-day trading halt Monday that it said was due to a software issue which created "inaccurate market data."Mainland Chinese stocks were subdued. The Shanghai composite edged...

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Airline stocks jump as vaccine hopes again lift markets; Asia-Pacific shares mixed

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