Asia-Pacific markets open lower in year-end trade

Asia-Pacific markets open lower in year-end trade


Lujiazui Business Districk in Pudong, Shanghai, China.

Liqun Liu | Construction Photography | Hulton Archive | Getty Images

Asia-Pacific markets fell on the holiday-shortened and final trading day of the year.

Markets in Hong Kong and Australia will close early for the holidays, while Japan and South Korea are shut for the day.

Australia’s S&P/ASX 200 fell 0.17%.

Hong Kong’s Hang Seng index futures were at 25,880, slightly higher than the HSI’s last close of 25,854.6.

The MSCI All Country World Index, which measures the performance of over 2,500 large and mid-cap equities from developed and emerging markets, has climbed over 21% since the start of the year, hitting a record high of 1,024.29 on Dec. 26, data from LSEG showed.

U.S. equity futures were flat in early Asian hours.

Overnight in the U.S., the S&P 500 fell modestly, notching a third consecutive losing session. The broad market index lost 0.14% and closed at 6,896.24, while the Nasdaq Composite slipped 0.24% and settled at 23,419.08. The Dow Jones Industrial Average shed 0.20%, and ended at 48,367.06.

The three major averages have slumped to start the week, dragged down by losses in tech. Nvidia posted back-to-back losing sessions, as did fellow AI play Palantir Technologies.

CNBC’s Sean Conlon and Liz Napolitano contributed to this report.



Source

IBM is the latest AI casualty. Shares are tanking 11% on Anthropic programming language threat
World

IBM is the latest AI casualty. Shares are tanking 11% on Anthropic programming language threat

International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images International Business Machines stock is getting slammed, becoming the latest victim of rapidly developing AI technology, after Anthropic’s Claude announced COBOL capabilities. Shares […]

Read More
NYSE insider Jay Woods is watching this key level in Nvidia as a tell for the S&P 500
World

NYSE insider Jay Woods is watching this key level in Nvidia as a tell for the S&P 500

(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) Highly awaited quarterly results from Nvidia and two key software stocks will test important levels in the market this week, Jay Woods says. Woods, chief market strategist at […]

Read More
China’s DeepSeek is set to release a new AI model. A rough period for Nasdaq stocks could follow
World

China’s DeepSeek is set to release a new AI model. A rough period for Nasdaq stocks could follow

The release of a new artificial intelligence model from China’s DeepSeek could mean a rough period will follow for Nasdaq stocks. The Chinese AI company has yet to announce a release date, but it’s expected to be imminent following last week’s conclusion of the Lunar New Year celebration. The startup has announced previous models early […]

Read More