Asia markets set to rise as investors come back from long weekend
MUMBAI, MAHARASHTRA, INDIA – 2022/10/06: People are seen taking photos of the City of Mumbai skyline. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images)
Sopa Images | Lightrocket | Getty Images
Asia-Pacific markets are set to rise on Monday as investors in Hong Kong and Singapore come back from a long weekend.
Australian markets remain closed as the country has a four day weekend due to Easter Monday.
Japan’s Nikkei futures contract in Chicago was at 27,705, while its counterpart in Osaka was at 27,650 against the Nikkei 225’s last close at 27,518.31.
Futures for the Hang Seng index are also trading higher, standing at 20,556 against the index’s last close of 20,331.
India will release its fiscal deficit figures for March, as well as its March trade data, while Indonesia’s retail sales for February will also be out.
Last week, U.S. stocks wrapped up a short trading week on Thursday with all three major indexes posting gains.
The S&P 500 rose 0.36%, while the tech-heavy Nasdaq Composite outperformed with a 0.76% gain, boosted by a rise in Alphabet and Microsoft shares.
The Dow Jones Industrial Average inched up marginally 2.57 points higher to 33,485.29 after losing more than 150 points at its session low.
— CNBC’s Yun Li and Alex Harring contributed to this report
:max_bytes(150000):strip_icc():format(jpeg)/48126619532_f99720960b_k-4440c9ca18eb40d39353e807e7cd56ba.jpg "<div>FINRA vs. the SEC: What's the Difference?</div>")
