Stocks track higher after Wall Street hit another record

HONG KONG (AP) — Stock markets pushed higher on Tuesday as investors cheered another record day on Wall Street and looked past the political and economic uncertainty buffeting Europe.

Leadership changes in the French government appeared to unsettle investors, who are already worried about renewed political uncertainty on the continent following Italy's referendum.

Relief rally has become the favorite description for the overnight trend seen in both European and U.S. stock markets as traders tuned back to riskier assets.

South Korea's Kospi jumped 1.4 percent to 1,989.86 after the finance ministry said it would frontload nearly 70 percent of government spending for 2017.