Tokyo Tower (left) and commercial and residential buildings in Minato, Tokyo, Japan, Saturday, October 1, 2022.
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SINGAPORE – Asia-Pacific markets were mixed on Friday After Wall Street’s lossesConcerns about tensions in the Middle East have investors on edge ahead of September’s U.S. non-farm payrolls report.
Australian S&P/ASX 200 Index It fell 0.46% in the first hour of trading.
Japanese Nikkei 225 Index rose 0.34%, while the Topix edged up 0.41%. Korean Cospi The Kosdaq rose 0.74%, up 0.19%.
Hong Kong Hang Seng Index futures were at 22,091 points, lower than the Hang Seng Index’s last closing point of 22,113.51 points. Mainland China markets will reopen on October 9.
Trading got off to a shaky start in October as rising tensions in the Middle East weighed on investor sentiment. Investors are bracing for more unpredictability after stocks fell on Tuesday in response to Iran’s missile strikes on Israel. Ground operations begin in Lebanon.
U.S. crude oil futures Rose about 5% Overnight, prices were higher again on Friday morning on concerns that Israel could crack down on Iran’s oil industry in retaliation for Tehran’s actions missile attack This week. U.S. President Joe Biden on Thursday commented on possible Israeli retaliation against Iran: “We’re talking about it. Regardless, I think it will be a little bit.”
Overnight in America, Dow Jones Industrial Average It fell 184.93 points or 0.44% to close at 42,011.59 points. this S&P 500 Index It fell 0.17% to close at 5,699.94 points. this Nasdaq Index It closed down 0.04% at 17,918.48 points, an increase of more than 3%. NVIDIA Downward pressure is limited.
—CNBC’s Alex Harring and Pia Singh contributed to this report.
