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

Epstein files show Elon Musk apparently discussed plans to visit sex offender’s island, host him at SpaceX
World

Epstein files show Elon Musk apparently discussed plans to visit sex offender’s island, host him at SpaceX

A cache of newly released documents from the Epstein files on Friday showed Elon Musk apparently corresponded with the convicted sex offender in 2012 and 2013, as they discussed meeting at Jeffrey Epstein’s private island and at Musk’s SpaceX facility in Southern California. The emails indicate Musk asked about attending the “wildest party,” hosted by […]

Read More
Amazon wraps controversial week ahead of ‘Melania’ premier, fourth-quarter earnings
World

Amazon wraps controversial week ahead of ‘Melania’ premier, fourth-quarter earnings

Movie posters for the documentary “Melania” featuring U.S. first lady Melania Trump are displayed in a New York City subway station, in New York, U.S., Jan. 14, 2026. Jeenah Moon | Reuters It was a turbulent week for Amazon. From a bungled email prematurely announcing another massive round of layoffs to scrutiny around the company’s […]

Read More
Former Google engineer found guilty of espionage and theft of AI tech
World

Former Google engineer found guilty of espionage and theft of AI tech

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly | Reuters A federal jury in San Francisco on Thursday convicted a former Google software engineer of stealing trade secrets related to the search company’s AI technology. The jury found 38 year-old Linwei Ding, […]

Read More