Asia markets set to fall as Wall Street rally cools from last week
Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan.
Toru Hanai | Bloomberg | Getty Images
Asia-Pacific markets are set to fall Wednesday, mirroring moves on Wall Street as stocks came back from the Juneteenth holiday to trade lower on Tuesday.
In Japan, the Nikkei 225 is set for a lower open for a third-straight day, with the futures contract in Chicago at 33,140, and its counterpart in Osaka at 33,080 against its last close at 33,388.91. Japan’s central bank will release its minutes for its April 27-28 meeting, which was the first chaired by new BOJ Governor Kazuo Ueda.
Hong Kong’s Hang Seng index also looks set to extend its losses for a third-straight day, with futures at 19,347 compared to the HSI’s close of 19,607.08.
In Australia, futures for the S&P/ASX 200 were at 7,307, lower than the index’s last close of 7,357.8. Should the losses in futures hold, this would break the index’s seven-day winning streak.
Overnight in the U.S., all three major indexes fell, with the Dow Jones Industrial Average down 0.72% and the S&P 500 shedding 0.72%. The Nasdaq Composite saw the smallest loss, falling just 0.16%.
— CNBC’s Sarah Min and Brian Evans contributed to this report
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