Asia-Pacific markets are set to open higher, tracking Wall Street gains after after investors' concerns around AI disruption to select industries eased.
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Asia-Pacific markets were poised for gains Wednesday after a tech-driven rally on Wall Street, fueled by easing concerns around artificial intelligence-led disruption to select industries.
Australia’s S&P/ASX 200 climbed 0.76% in early trade.
Japan’s Nikkei 225
futures pointed to a stronger open for the market, with the futures contract in Chicago at 58,140 and its counterpart in Osaka at 57,990 compared to the previous close of 57,321.09.
Overnight, Wall Street declined as concerns about artificial intelligence valuations continued to pressure tech stocks.
Asia-Pacific markets traded higher Tuesday, tracking Wall Street gains.
Investors in Asia will watch out for AI-related plays in the region, as well as inflation reading out of Singapore.
Overnight, shares of artificial intelligence player Oracle boosted major U.S. averages after Deutsche Bank reaffirmed its bullish…
Markets in Australia started the day higher, while futures data for Japan and Hong Kong indexes indicate some pessimism.
Asia-Pacific markets was set to climb Wednesday, after Wall Street traded mixed on hopes of the U.S. government shutdown ending…
