Asian markets advanced on Wednesday after a quiet session on Wall Street as buying slowed after a broad rally the day before, fueled by hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared.

Shares were mixed in Asia on Tuesday, with Chinese markets retreating, following a broad rally on Wall Street fueled by hopes the Trump administration may take a more targeted approach as it tees up a new round of tariffs on imported goods next week.

Wall Street stocks ended higher on Tuesday, with Apple rising and Nvidia dipping as investors assessed consumer sentiment data and bet on a more flexible trade policy stance from the Trump administration next week.