Asian traders will also be keeping an eye on China's July industrial gains.Oil prices continued to rise after Israel and Hezbollah strikes over the weekend, with U.S. West Texas Intermediate crude rising 3.5% to close at $77.42 a barrel and Brent crude rising 3.05% to close at $81.43 a barrel, the highest in nearly two weeks.Nurphoto | Nurphoto | Getty Images
An aerial photo of containers at the Beilun port in Ningbo, Zhejiang Province, China, April 11, 2024.
Asia-Pacific markets are expected to open mixed on Tuesday, even as Wall Street's Dow Jones Industrial Average hit a new high.
The main stock index rose 65.44 points, or 0.16 percent, to close at 41,240.52.
Asian traders will also be keeping an eye on China's year-to-date industrial profits as of July.
Late Monday, oil prices continued to rise after Israel and Hezbollah exchanged attacks over the weekend, with U.S. West Texas Intermediate crude oil rising 3.5% to close at $77.42 a barrel, while Brent crude rose 3.05% to $81.43 a barrel, its highest in nearly two weeks.
Japan's Nikkei 225 futures suggested a weak start with the Chicago futures contract at 37,945 and the Osaka futures contract at 37,930, compared with the previous day's close of 38,110.22.
Australia's S&P/ASX 200 futures were at 8,041, slightly lower than the previous close of 8,084.5. The Australian index was close to breaking through a record high of 8,114.7 on Monday.
Hong Kong Hang Seng Index futures were at 17,694, below the HSI's last close of 17,798.73.
Overnight in the US, despite the Dow Jones Industrial Average rising, both the S&P 500 and the Nasdaq Composite Index fell, down 0.32% and 0.85% respectively.
—CNBC's Lisa Kailai Han and Sarah Ming contributed to this report.
