SINGAPORE — Shares in Asia-Pacific looked set to open lower despite gains overnight on Wall Street that saw the S&P 500 and Nasdaq Composite touching fresh record closing highs.
Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 28,905 while its counterpart in Osaka was at 28,870. That compared against the Nikkei 225’s last close at 29,048.02.
Australia stocks also looked set to decline, with the SPI futures contract at 7,190, against the S&P/ASX 200’s last close at 7,307.30.
S&P 500, Nasdaq Composite see closing highs
The S&P 500 gained 0.23% overnight stateside to a fresh record closing high of 4,290.61.
Investors will also monitor technology shares in Asia-Pacific after the Nasdaq Composite on Wall Street rose 0.98% to a record closing high of 14,500.51.
The Dow Jones Industrial Average lagged, falling 150.57 points to 34,283.27.
Currencies
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.887 — struggling to recover to levels above 92.1 seen earlier in the month.
The Japanese yen traded at 110.60 per dollar, stronger than levels above 110.8 seen yesterday against the greenback. The Australian dollar changed hands at $0.7565, still stronger than levels below $0.755 seen last week.
Source: CNBC