Japan stocks set to extend rally, Asia markets poised for mixed open
People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024.
Kazuhiro Nogi | AFP | Getty Images
Asia-Pacific markets were set to open mixed on Friday, after a broad rally that saw Japan and Taiwan stock benchmarks scale record highs in the previous session.
Futures data for Japan’s Nikkei 225 indicates that its record-breaking run could continue, with contract in Chicago at 40,925 and its counterpart in Osaka at 40,910 compared to the previous close of 40,913.65.
Investors will also be assessing household spending data out of Japan for May, as well as retail sales numbers out from Singapore.
Futures for Australia’s S&P/ASX 200 stood at 7,799, slightly lower than its last close of 7,831.
Meanwhile, Hong Kong Hang Seng index futures were at 18,004, lower than the HSI’s last close of 18,028.28.
Overnight in the U.S., markets were closed for the Independence Day holiday, but futures were little changed ahead of Friday’s trading session.
Nasdaq 100 futures were down 0.1%, while S&P 500 futures were trading marginally below the flatline. Dow Jones Industrial Average futures were 0.05% up.
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