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Indonesia News Portal for Traders | Financial & Business Updates

5 December 2024 07:24  |

Asia-Pacific markets open mixed after Wall Street hits record high

Asia-Pacific markets opened mixed on Thursday, as all three major Wall Street indexes hit record highs, buoyed by a tech rally and comments from Federal Reserve Chairman Jerome Powell.

Investors in Asia will continue to monitor the political situation in South Korea. Less than a day after he declared martial law, lawmakers in the country moved to impeach President Yoon Suk Yeol.

South Korea released revised gross domestic product for the third quarter, showing the economy grew 0.1% quarter-on-quarter, and 1.5% year-on-year. The figures matched advanced estimates.

Australia’s S&P/ASX 200 started the day up 0.11%.

Japan’s Nikkei 225 futures pointed to a stronger open, with Chicago futures at 39,650 and Osaka futures at 39,630 compared with the previous close of 39,276.39.

Hong Kong's Hang Seng index futures were at 19,622, lower than the HSI's last close of 19,742.46.

Source: Trading Economics

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