Tokyo, Japan
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Asia-Pacific markets opened mixed despite gains on Wall Street as investors looked to profits from a slew of big tech stocks to continue pushing the Nasdaq to new highs this week.
Japanese Nikkei 225 Index It fell 0.21%, giving up the previous day’s gains. The move comes after the ruling Liberal Democratic Party lost its parliamentary majority after voters voted to take control of the lower house on Sunday, the first time Japan’s ruling coalition has lost its majority since 2009. Japanese Unemployed Rate September The growth rate was 2.4%, compared with 2.5% last month. The data was also slightly lower than Reuters’ forecast of 2.5% growth.
this Cospi The Kosdaq fell 0.51%, down 0.41%. Australia’s S&P/ASX 200 index rose 0.36%.
Hong Kong Hang Seng Index futures were at 20,733 points, higher than the Hang Seng Index’s last closing point of 20,599.36 points.
Asian traders will also be watching Singapore’s unemployment data.
U.S. stocks rose overnight. The S&P 500 rose 0.27% to close at 5,823.52 points. The Dow Jones Industrial Average rose 273.17 points, or 0.65%, to close at 42,387.57 points. The Nasdaq rose 0.26% to close at 18,567.19 points.
This week is the busiest week of the third-quarter earnings season and the last week before the U.S. presidential election on November 5 and the Federal Reserve’s policy decision on November 7.
Five of the seven largest companies – Alphabet, Microsoft, Meta Platforms, Amazon and Apple – will report their latest financial results this week. Traders will also be watching the October jobs report due on Friday.
—CNBC’s Hakyung Kim and Tanaya Macheel contributed to this report.
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