Asia markets set for mixed open as investors await data; Japan to return from holiday

Asia-Pacific stock markets were set for a mixed session Monday as Japan returns from a long weekend and China shares look to extend their winning streak.

Investors will focus on a slew of economic data expected this week including China’s manufacturing purchasing managers’ index and the U.S. personal consumption expenditures price index data, which is the Federal Reserve’s preferred inflation gauge.

China’s CSI 300 index locked in nine straight days of gains on Friday. On Thursday, Japan‘s Nikkei 225 closed at a new all-time high of 39,098.68, surpassing the previous record of 38,915.87 set in 1989.

Japan’s Nikkei 225 looked set for gains Monday, with the futures contract in Chicago at 39,490 and its counterpart in Osaka at 39,470 against the index’s last close.

Futures for Hong Kong’s Hang Seng index stood at 16,728, relatively unchanged from the HSI’s close of 16,725.86.

In Australia, the S&P/ASX 200 rose 0.41%.

Wall Street’s main indexes hit record highs Friday as investors closed out the week on an upbeat note.

The S&P 500 inched higher by 0.03% to close at 5,088.8, breaking above 5,100 for the first time earlier in the session.

The Dow Jones Industrial Average added 0.16% by close, also reaching a fresh record closing high. The Nasdaq Composite closed 0.28% lower but had notched a fresh all-time high earlier in the session.

— CNBC’s Pia Singh and Brian Evans contributed to this report.