Asian stocks rose cautiously on Tuesday as investors focused on corporate earnings prospects and the resilience of the US economy, despite tensions in the Middle East. MSCI's broadest index of Asia-Pacific shares outside Japan rose by 0.4%, while Tokyo's Nikkei increased by 1%. The S&P 500 climbed by 1% overnight, while oil prices and the US dollar fell. Investors are also assessing the risks of a wider conflict breaking out in the Middle East, as US President Joe Biden prepares to visit Israel on Wednesday.
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