Asia-Pacific markets traded mixed Monday , after the U.S.-Russia summit concluded without a ceasefire.
Japan’s Nikkei 225 benchmark rose 0.62%, while the broader Topix index added 0.42%.
In South Korea, the Kospi index fell 1.06%, while the small-cap Kosdaq was down 1.44%.
Australia’s S&P/ASX 200 started the day flat.
Futures for Hong Kong’s Hang Seng index stood at 25,214, pointing to a stronger open compared with the HSI’s last close of 25,270.07.
U.S. equity futures ticked up in early Asia hours on hopes for rate cuts by the U.S. Federal Reserve, which fueled a winning week on Wall Street.
The S&P 500 slipped on Friday after hitting a record high, as investors took some gains off the table after a strong week.
The broad market index settled down 0.29% at 6,449.80. The Nasdaq Composite shed 0.40% to end the week at 21,622.98. while the Dow Jones Industrial Average outperformed, rising 34.86 points, or 0.08%, to close at 44,946.12, thanks to a 12% jump in UnitedHealth.
— CNBC’s Alex Harring and Lisa Kailan Han contributed to this report.
Source: CNBC