Tokyo, Japan
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Asia-Pacific markets are set to open higher, tracking Wall Street’s gains as investors focus on a series of Huge technological benefits keep pushing Nasdaq Index Reaching new heights this week.
Japan’s Nikkei 225 Index futures opened slightly stronger, with the Chicago futures contract at 38,715 points and the Osaka Nikkei 225 Index futures contract at 38,630 points, compared with the previous closing price of 38,605.53 points. This is after Ruling Liberal Democratic Party loses parliamentary majority Voters voted on Sunday to decide control of the lower house, the first time Japan’s ruling coalition has lost its majority since 2009.
Australian S&P/ASX 200 Index It rose 0.44% in the first hour of trading.
Hong Kong Hang Seng Index futures were at 20,733 points, higher than the Hang Seng Index’s last closing point of 20,599.36 points.
Asian traders will also be watching unemployment data from Singapore and Japan.
U.S. stocks rose overnight. this S&P 500 Index It rose 0.27% to close at 5,823.52 points. this Dow Jones Industrial Average It rose 273.17 points, or 0.65%, to close at 42,387.57 points. The Nasdaq rose 0.26% to close at 18,567.19 points.
This week is the busiest week of the third-quarter earnings season and the last week before the U.S. presidential election on November 5 and the Federal Reserve’s policy decision on November 7.
Five of the seven largest companies – Alphabet, Microsoft, Meta Platforms, Amazon and Apple – will report their latest financial results this week. Traders will also be watching the October jobs report due on Friday.
—CNBC’s Hakyung Kim and Tanaya Macheel contributed to this report.
