Asia markets mostly rise as Dow tops 48,000 for first time; traders eye U.S. government reopening
Asia-Pacific markets mostly rose Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared poised to reopen as soon as the end of the week.
Japan’s benchmark Nikkei 225 index rose 0.23% in early trading, while the Topix added 0.62% to hit a record high.
South Korea’s Kospi rose 1.07%, while the small-cap Kosdaq jumped 2.52%.
Australia’s S&P/ASX 200 was down 0.25%.
Futures for Hong Kong’s Hang Seng Index pointed to a lower open, trading at 26,899, against the index’s previous close of 26,922.73.
U.S. equity futures ticked lower in early Asian hours after a continued market rotation powered the Dow Jones Industrial Average to record its first close above 48,000 Wednesday stateside.
Overnight, the 30-stock Dow closed up 326.86 points, or 0.68%, at 48,254.82. The index also hit a fresh all-time intraday high in the session. The S&P 500 traded around the flatline, settling up 0.06% at 6,850.92, while the Nasdaq Composite dropped 0.26% to finish at 23,406.46.
Source: CNBC
