Evening view of Marine Drive, Queen’s necklace, Juhu and Chowpatty seashores
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Asia-Pacific markets mostly rose as investors assessed the four-day losing streak for the S&P 500, led by declines in tech shares.
Investors within the area are awaiting India’s HSBC Composite flash buying managers’ index studying for August, which offers an early snapshot of the efficiency of the non-public sector economic system, anticipated later within the day. Economists polled by Reuters anticipate it to return in at 60.5, in contrast with 61.1 within the month earlier than.
Japan’s Nikkei 225 was down 0.21% in early commerce, whereas the broader Topix index ticked down 0.4%.
In South Korea, the Kospi index rose 0.81%, whereas the small-cap Kosdaq elevated by 0.62%.
Australia’s S&P/ASX 200 benchmark began the day 0.47% larger.
Hong Kong’s Hang Seng index is slated to open flat with futures tied to the index at 25,168, in contrast with the HSI’s final shut of 25,165.94.
U.S. equity futures had been little modified in early Asia hours.
Overnight stateside, two of the three key benchmarks ended the session in declines as tech shares dragged the market decrease.
The broad market S&P 500 index slipped 0.24% to shut at 6,395.78, whereas the tech-heavy Nasdaq Composite misplaced 0.67% and settled at 21,172.86. Wednesday marked a fourth day of losses for the S&P 500 and a second detrimental session for the Nasdaq.
Meanwhile, the Dow Jones Industrial Average was the outlier, including 16.04 factors, or 0.04%, and settling at 44,938.31.
— CNBC’s Yun Li, Pia Singh and Alex Harring contributed to this report.