bangkok ap shares advanced tuesday in asia after wall street shook off an early bout of unsettled trading and ended higher us futures edged 01 higher and oil prices also gained hong kong’s benchmark hang seng hsi gained 02 to 15223 after a 64 selloff the day before that took it to its lowest close in 14 years the nosedive in chinese stocks on monday followed the conclusion of a communist party congress in beijing where leader xi jinping gave himself an unprecedented third fiveyear term and installed key allies as top ruling party leaders vanquishing officials viewed as promarket reformers xi wants a bigger communist party role in china’s business and technology development raising fears centralized control will stunt an economy that already is slowing at a press briefing tuesday hong kong leader john lee said his administration’s assessment showed market activities were running in an orderly way though he urged investors to make careful decisions “yes volatility will be high but our longtested systems and response systems are in operation all the time we have a strong response plan for different contingencies” he said in other asian trading tokyo’s nikkei 225 index nik rose 11 to 2727297 while the kospi 180721 in seoul was flat at 223496 australia’s spasx 200 xjo gained 02 to 679860 on wall street on monday stocks extended gains from last week as investors geared up for a heavy week of earnings from big technology companies the sp 500 spx rose 12 to 379734 with technology health care and financial stocks accounting for a big share of the gains only materials and real estate sector stocks fell the dow jones industrial average djia rose 13 to 3149962 and the techheavy nasdaq composite comp closed 09 higher at 1095261 small company stocks also rose the russell 2000 index rut climbed 04 to 174840 google’s parent company along with facebook’s parent amazon amzn and apple aapl are all reporting their latest financial results this week they are among the priciest stocks in the benchmark sp 500 and their earnings this week could mean big moves up or down for the broader market several big companies outside of the tech sector are also reporting earnings this week including cocacola ko  general motors gm and caterpillar cat  trading has been volatile this month but the major indexes are solidly higher entering the last full week of october after a couple of big market rallies last week the sp 500 is up 59 so far this month while the dow is up 97 the nasdaq is up a more modest 36 investors are closely reviewing the latest round of corporate earnings to get a better picture of inflation’s impact on different areas of the economy prices on everything from clothing to food remain at their highest levels in four decades that has put pressure on companies to raise prices and cut costs while squeezing consumers the federal reserve and central banks around the world have been raising interest rates to tame inflation and those increases have been weighing on pricier stocks like technology companies by making lessrisky bonds seem more attractive in a volatile stock market the fed’s aggressive rate increases have economists and investors worried that the central bank could go too far in slowing the economy and push it into a recession the us economy is already slowing down contracting during the first half the year the us government will release its thirdquarter gross domestic product report on thursday the fed is expected to raise interest rates another threequarters of a percentage point at its upcoming meeting in november markets have been looking for any sign that the central bank is ready to ease up on rate increases also monday uk government bonds rallied as treasury chief rishi sunak became assured of becoming the prime minster replacing liz truss who quit last week after her taxcutting economic package caused turmoil in financial markets in other trading the dollar fell to 14888 japanese yen usdjpy from 14894 yen the euro eurusd rose to 9881 cents from 9875 cents benchmark us crude oil cl1 picked up 9 cents to 8466 per barrel in electronic trading on the new york mercantile exchange it lost 47 cents to 8458 per barrel on monday brent crude brn00  the international pricing standard rose 5 cents to 9132 per barrel