January 5, 2025

The gong sounds inside the Hong Kong Stock Exchange. Vanke subsidiary Onewo and electric vehicle maker Zhejiang Leapao Technology began trading in the Hong Kong market on Thursday.

Paul Young | Bloomberg | Getty Images

Asia-Pacific markets rose on Friday, tracking gains on Wall Street ahead of key U.S. jobs data.

Shares of Apple’s suppliers will be in focus after the company reports higher-than-expected profits.

Economists surveyed by Dow Jones expect the US April non-farm payrolls report to be released at 0830 am on Friday to add 240,000 jobs. Eastern time, 303,000 new people were added in March.

Investors will be watching the data closely after the Federal Reserve kept interest rates steady on Wednesday at the end of its two-day meeting.

appleSecond-quarter profit exceeded market expectations and it announced a record $110 billion stock buyback plan. The iPhone maker’s shares rose 7% in after-hours trading, with investors now focusing on shares of Apple suppliers in Taiwan and South Korea.

Korean Cospi The Kosdaq rose 0.60%, with the small-cap Kosdaq rising 0.77%.

Stock markets in Japan and mainland China were closed for public holidays.

this yen The USD/USD exchange rate rose to 152.93 on Monday and remained in focus amid suspicions of government intervention to support the currency.

In Australia, S&P/ASX 200 Index up 0.3%.

Hong Kong Hang Seng Index futures were at 18,458 points, The opening price was higher compared to the Hang Seng Index’s closing price of 18,207.13 points.

U.S. stocks ended higher on Thursday as investors looked ahead to more earnings and Friday’s non-farm payrolls report.

The Dow Jones Industrial Average rose 322.37 points, or 0.85%, and the S&P 500 Index rose 0.91%. The Nasdaq rose 1.51%.

—CNBC’s Samantha Subin and Alex Harring contributed to this report.

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