Australia and Japan markets set to climb, looking past Iran war escalation fears

Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Markets in Australia and Japan were set to climb Tuesday, mirroring gains on Wall Street that saw both the S&P 500 and Nasdaq Composite reach new highs. This comes as investors took in strong earnings from Apple and Caterpillar , looking past weaker-than-expected economic data and threats of escalation in Iran by U.S. President Donald Trump. …