Asia-Pacific stocks mixed ahead of U.S. midterm elections

Stocks in the Asia-Pacific were mixed Tuesday as investors digest the Bank of Japan’s summary of opinions and look ahead to the U.S. midterm elections.

The Nikkei 225 in Japan rose 1.25% to close at 27,872.11 and the Topix rose 1.21% higher to close at 1,957.56. The S&P/ASX 200 rose 0.36% in Australia to end the session at 6,958.9. In South Korea, the Kospi gained 1.15% to close at 2,399.04.

The Bank of Japan released a summary of opinions of board members from its monetary policy meeting in October, when it left interest rates unchanged while global peers took on jumbo rate hikes. Nintendo will report quarterly earnings later in the day.

The Hang Seng index in Hong Kong was 0.5% lower in its final hour of trade, while mainland China’s Shanghai Composite fell 0.43% and the Shenzhen Component lost 0.578%.

Overnight in the U.S., stocks rallied Monday as investors looked ahead to a packed week with midterm elections and key inflation data on deck and shrugged off a supply warning from Apple.

The Dow Jones Industrial Average traded higher by 423.78 points, or 1.31%, to 32,827.00. The S&P 500 gained 0.96% to 3,806.80. The Nasdaq Composite rose 0.85% to 10,564.52, after trading between gains and losses earlier in the session. All three major averages notched a second straight positive day.

— CNBC’s Sarah Min contributed to this report.