Nifty 50, Nikkei 225, Kospi
Lujiazui Business District in Pudong, Shanghai, China.
Liqun Liu | Construction Photography | Hulton Archive | Getty Images
Asia-Pacific markets are poised to rise on Wednesday, following a mixed trading session on Wall Street fueled by optimism surrounding the potential end of the U.S. government shutdown and AI trade concerns.
Japan’s Nikkei 225 index is set for a higher open, with futures trading at 51,190 in Chicago and 51,110 in Osaka, compared to the index’s Tuesday close of 50,842.93.
Australia’s S&P/ASX 200 remains flat.
Futures for Hong Kong’s Hang Seng Index indicate a slightly higher open at 26,865, following the index’s previous close of 26,696.41.
Investors will closely monitor SoftBank shares and tech stocks in Asia after the Japanese conglomerate announced the sale of its entire stake in Nvidia for $5.83 billion, as it focuses on its strategic investment in OpenAI.
In the U.S., the Dow Jones Industrial Average reached a new closing record, while the Nasdaq Composite faced challenges as investors shifted focus from technology stocks to other sectors with lower valuations.
The Dow rose 559.33 points to close at 47,927.96, with investors showing interest in blue-chip companies like Merck, Amgen, and Johnson & Johnson. The S&P 500 also saw a modest increase, while the Nasdaq dipped slightly.
— Contributions by CNBC’s Sean Conlon and Pia Singh.
