Asia-Pacific markets were expected to fall on Friday, tracking losses on Wall Street overnight and giving up the previous day’s gains.
Investors will assess Japan’s March inflation data. Economists polled by Reuters expected core inflation, which excludes fresh food prices, to increase 2.6% annually.
Traders will also be watching chip stocks after Taiwanese chip giant TSMC beat first-quarter revenue and profit estimates on Thursday.
Japan’s benchmark Nikkei 225 Index The Chicago futures contract is at 37,730 and the Osaka futures contract is at 37,710, while the index last closed at 38,079.7.
In Australia, futures S&P/ASX 200 Index The opening price was also lower at 7,612 compared to the previous closing price of 7,642.1.
Hong Kong’s Hang Seng Index futures were quoted at 16,355 points, opening weaker than the Hang Seng Index’s closing point of 16,385.87 points.
Wall Street’s three major stock indexes were mixed overnight. S&P 500 Index It fell for five days in a row, its longest losing streak since October last year. The Composite Index fell 0.22%, Nasdaq Index down 0.52%.
this Dow Jones Industrial Average It rose 0.06% and closed just above the flat line in 2024.
—CNBC’s Brian Evans and Alex Harring contributed to this report.
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