On January 11, 2024, data from the Nikkei 225 Index was displayed on the screen at the trading floor of Nomura Securities Co. headquarters in Tokyo, Japan.
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Asia-Pacific markets opened mixed on Tuesday after a sell-off in large U.S. technology stocks favored other sectors such as banks and energy.
Technology darling Nvidia Monday’s 6.68% drop was one of the biggest contributors to the Nasdaq’s decline. Information technology was the S&P 500’s biggest decliner on the day, down more than 2%.
Asian investors will evaluate South Korea Consumer Confidence Index for Juneand service producer prices in Japan.
South Korea’s consumer confidence index rose to 100.9 in June, compared with 98.4 in May. This comes against a backdrop of growing optimism about current living standards and future household incomes, as well as the state of the domestic economy.
Australia’s S&P/ASX 200 index futures were at 7,761 points, higher than the index’s last closing price of 7,733.7 points.
Japan’s Nikkei 225 Index Futures showed that the market opened weaker, with the Chicago futures contract at 38,795 points and the Osaka futures contract at 38,710 points, compared with the previous closing price of 38,804.65 points.
Hongkong Hang Seng Index Index futures were at 18,045 points, higher than the Hang Seng Index’s last closing point of 18,027.71 points.
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