Australia

Australian shares are set to open lower, after US stock indexes closed mostly higher as markets anticipate another interest rate cut.

ASX futures were down 0.17% or 14 points as of 8:30am on Tuesday, suggesting a lower open.

Major US stock indexes ended Monday mixed as the Nasdaq Composite Index increased 1.2%. Meanwhile, the S&P 500 Index gained 0.4%, and the Dow Jones Industrial Average dropped 0.3%.

In commodity markets, Brent crude oil was down 0.93% to US$73.80 a barrel, while gold was up 0.13% to US$2,651.75.

The Australian dollar was at 63.67 US cents, up from its previous close of 63.61.

Asia

Chinese shares closed lower. The benchmark Shanghai Composite Index lost 0.2% to 3,386.33, and the Shenzhen Composite Index fell 1.0% to 2,049.10.

Hong Kong shares ended lower. The benchmark Hang Seng Index dropped 0.9% to 19,795.49.

Japanese shares closed flat. The Nikkei Stock Average was unchanged at 39,457.49.

India shares ended lower. The BSE SENSEX slipped 0.5% to 81,748.57.

Europe

Stocks in the U.K. finished lower. The FTSE 100 Index decreased 0.5% to 8,262.05.

In Europe, shares closed lower. Germany's DAX lost 0.5% to 20,313.81, and France's CAC 40 fell 0.7% to 7,357.08.

North America

US stocks ended mixed. The DJIA slipped 0.3% to 43,717.48, the S&P 500 rose 0.4% to 6,074.08, and the Nasdaq added 1.2% to 20,173.89.

Among S&P 500 companies, the top three gainers were Broadcom Inc AVGO, surging 11.21%, Tesla Inc TSLA jumped 6.11%, and Micron Technology Inc MU lifted 5.60%.

The biggest decliners were Super Micro Computer Inc SMCI which dropped 8.26%, CVS Health Corp CVS fell 5.65%, and Phillips 66 PSX lost 5.25%.