Asia-Pacific markets slide after subdued Wall Street session

Asia-Pacific markets slide after subdued Wall Street session


Hong Kong Skyline

Nikada | E+ | Getty Images

Asia-Pacific markets opened lower Friday following a subdued Wall Street session.

Australia’s ASX/S&P 200 fell 0.17%.

Japan’s benchmark Nikkei 225 index lost 1.36%, while the Topix declined 1.12%. Yields on the Japanese 10-year government bond rose to 1.94%, the highest since July 2007, data from LSEG showed.

South Korea’s Kospi hovered just below the flatline, while the Kosdaq Index retreated 0.25%.

Futures for Hong Kong’s Hang Seng Index pointed to a lower open, trading at 25,900, against the index’s previous close of 25,935.9.

Investors will be keeping an eye on the upcoming Reserve Bank of India’s rate decision.

Overnight in the U.S., the three major averages traded mixed. The S&P 500 and Nasdaq Composite rose slightly as investors prepared for next week’s interest rate decision from the Federal Reserve.

The broad-based index inched up 0.11% to close at 6,857.12, while the Nasdaq Composite traded higher by just 0.22% to finish at 23,505.14. The Dow Jones Industrial Average slipped just 31.96 points, 0.07%, to 47,850.94.

— CNBC’s Sean Conlon and Pia Singh contributed to this report.



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