Asia-Pacific markets were set to open higher Friday, after the White House said that U.S. President Donald Trump and China’s President Xi Jinping were set to hold talks next week.
U.S. Press Secretary Karoline Leavitt said Trump will leave for Malaysia late Friday and then travel to Japan and South Korea, meeting Xi next Thursday after speaking at the Asia-Pacific Economic Cooperation CEO Summit, Reuters reported.
Japan’s benchmark Nikkei 225 index was set for a higher open, with its futures contract in Chicago trading at 49,180 and its counterpart in Osaka at 49,020 against the index’s last close of 48,641.61.
Australia’s ASX/S&P 200 was trading 0.19% higher on open.
Futures of Hong Kong’s Hang Seng Index pointed to a stronger open, trading at 26,139 against the index’s previous close of 25,967.98.
Overnight, the three major averages closed higher. The S&P 500 climbed 0.58% to close at 6,738.44, boosted by tech stocks, after a batch of strong earnings results.
The Dow Jones Industrial Average traded up 144.20 points, or 0.31%, to finish at 46,734.61. The Nasdaq Composite outperformed, rising 0.89% to settle at 22,941.80, seeing support from the gains in Nvidia, Broadcom and Amazon. A nearly 3% jump in shares of fellow artificial intelligence player Oracle also boosted sentiment.
— CNBC’s Sean Conlon and Pia Singh contributed to this report.
Source: CNBC