Asia-Pacific markets set for mixed open; Australia inflation data in focus

Asia-Pacific markets set for mixed open; Australia inflation data in focus


The Australian flag is in front of Christiansborg Palace in Copenhagen, Denmark, on January 14, 2024. 

Kristof Z. Markovics | Nurphoto | Getty Images

Asia-Pacific markets were set for a mixed open Wednesday after key Wall Street benchmarks rose, with the Nasdaq Composite closing at a new record high as tech stocks gained.

Traders in Asia will assess consumer price data out of Australia, with inflation for the quarter ended in September expected to fall to 2.9%, down from 3.8% in the previous quarter.

Australia’s S&P/ASX 200 opened 0.23% lower.

Japan’s Nikkei 225 futures pointed to a higher open for the market, with the contract in Chicago at 39,255 and its counterpart in Osaka at 39,160 compared to the index’s previous close of 38,903.68.

Hong Kong Hang Seng index futures were at 20,746, higher than the index’s last close of 20,701.14.

In the U.S., the tech-heavy Nasdaq rose 0.78% to close at a record high of 18,712.75.

The S&P 500 added 0.16% to close at 5,832.92, while the Dow Jones Industrial Average fell 154.52 points, or 0.36%, to end at 42,233.05.

— CNBC’s Hakyung Kim and Alex Harring contributed to this report.



Source

United Airlines to cut more flights as it eyes oil above 0 through 2027
World

United Airlines to cut more flights as it eyes oil above $100 through 2027

A United Airlines Boeing 737 MAX 8 airplane arrives at Los Angeles International Airport from Orlando on January 2, 2025 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images United Airlines is cutting more ​unprofitable flights over the next two quarters as it prepares for a prolonged period of high jet fuel […]

Read More
U.S. issues 30-day sanctions waiver for sale of Iranian oil at sea
World

U.S. issues 30-day sanctions waiver for sale of Iranian oil at sea

Ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. Altaf Qadri | AP The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil at sea to ease energy supply pressures since the start of the U.S.-Israeli war on […]

Read More
Super Micro co-founder indicted on Nvidia smuggling charges leaves board
World

Super Micro co-founder indicted on Nvidia smuggling charges leaves board

Jaque Silva | Nurphoto | Getty Images Super Micro Computer said Yih-Shyan “Wally” Liaw, a co-founder, has resigned from the server maker’s board after he was indicted in the U.S. on allegations of smuggling equipment containing Nvidia artificial intelligence chips into China. A federal court unsealed the indictment on Thursday. While the company wasn’t specified, […]

Read More