CNBC Daily Open: Stocks are approaching the hottest period of the year

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Oil slump boosts markets
All major U.S. indexes rose Monday on soft oil prices while investors awaited Big Tech earnings. Asia-Pacific markets traded mixed Tuesday. Japan's Nikkei 225 extended gains to a second day, up 0.7% as the country's jobless rate for September dropped to 2.4% from 2.5% the previous month.

Japan uncertainty
Japan's economic policy appears uncertain after Monday's lower house election, in which the ruling Liberal Democratic Party lost its majority. That's because it's unclear what the new coalition government will look like, and if current Prime Minister Shigeru Ishiba will manage to stay in power.

Chinese IPOs in the U.S. and Hong Kong
There will be more Chinese companies listing in the U.S. and Hong Kong next year, according to analysts. There have been a few high-profile IPOs already this year, such as Chinese autonomous driving company WeRide listing on the Nasdaq and CR Beverage in Hong Kong last week. Heightened investor sentiment, lower interest rates and fewer regulatory issues are behind the increase in IPOs.

HSBC announces share buybacks
HSBC beat expectations for its third-quarter earnings and revenue, the bank said Tuesday. Pre-tax profit rose 10% from a year ago, while quarterly revenue increased 5%. However, net interest margin dipped by 24 basis points. Europe's largest lender also announced a $3 billion share buyback program, bringing the total amount so far this year to $9 billion.

[PRO] How to trade Japan's election
After Japan voted on Monday, the Nikkei 225