CNBC Daily Open: The S&P could continue its ascent despite pausing

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 .

Other than the Nasdaq, markets mostly fell 
U.S. markets were mixed Tuesday. The S&P 500 and Dow Jones Industrial Average dipped slightly but were close to the flatline. However, the Nasdaq Composite added 0.18%. Asia-Pacific shares mostly traded higher Wednesday, lifted by investor sentiment over blockbuster listings by Tokyo Metro and China Resources Beverage.

Red hot debut by Tokyo Metro 
Tokyo Metro shares rocketed almost 45% after listing publicly on Wednesday. The Japanese subway operator's initial public offering attracted 348.6 billion yen ($2.3 billion), making it Japan's biggest IPO in six years. Tokyo Metro is a "cash cow," said Jesper Koll, expert director at financial services firm Monex Group. 

IMF revised China's growth downwards 
The International Monetary Fund lowered its forecast for China's growth this year to 4.8% from 5% in July, according to its World Economic Outlook report published Tuesday. The IMF expects China's gross domestic product to increase by a slower 4.5% in 2025 as the country's property sector might continue weighing down the economy.  

TSMC denies supplying Huawei with chips 
The Information, a tech-focused publication, reported last week that the Commerce Department was probing whether TSMC had been making AI or smartphone chips for Huawei, in violation of U.S. export rules. The company disputed the report, telling CNBC on Wednesday that "TSMC is a law-abiding company and we are committed to complying with all applicable rules and regulations." 

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