Asia-Pacific shares were mixed as Japan ushered in new leadership

Asia-Pacific markets were set to open lower on Tuesday as investors focused on Japan’s new government and key export data in Tokyo.

Japan’s new Prime Minister Sane Takaichi and Her new cabinet was inaugurated Monday night.

in her appointments Defense Minister Shinjiro Koizumi – her rival in the race for the leadership of the ruling Liberal Democratic Party – was there as well as Satsuki Katayama, Japan’s first female finance minister.

The futures contract in Chicago was poised for a higher open at 49,380, compared with an earlier close of 49,316.06 in Osaka and 49,380 in Osaka.

On Tuesday, the Nikkei set a new intraday record of 49,945.95, before retreating after winning a parliamentary vote to become prime minister.

of Australia S&P/ASX 200 Rare earth stocks opened the day down 0.65%, briefly after pulling back from earlier gains on Tuesday. US-Australia Critical Minerals Agreement.

Hong Kong Hang Seng Index futures were at 25,919, down from their last close of 26,027.55.

Overnight in the US, the Dow Jones Industrial Average Set a new closing record boosted by strong earnings reports from like-for-like companies Coca-Cola And 3MSo the S&P 500 was relatively unchanged.

The 30-stock index closed up 0.47% at 46,924.74 and briefly touched 47,000 during the session.

wide market S&P 500 Tech-heavy closed at 6,735.35 just above the flatline Nasdaq Composite retreated, falling 0.16% to 22,953.67.

—CNBC’s Sean Conlon and Pia Singh contributed to this report.