Nikkei 225, Kospi, Hang Seng Index, CSI 300, Nifty50
A pedestrian walks past an electronic quote board showing Nikkei 225 stock prices at the Tokyo Stock Exchange in Tokyo on March 23, 2026.
Kazuhiro Nogi | Afp | Getty Images
Asia-Pacific markets are set to open mixed on Friday after a depletion of chip stocks on Wall Street lifted the Dow Jones Industrial Average to a record close overnight.
The Chicago futures contract of Japan’s Nikkei 225 index was last traded at 67,610, compared to the previous close of 67,470.69 for the Osaka index, while it was at 67,450.
Hong Kong’s Hang Seng index futures last traded at 25,158, below the index’s Thursday close of 25,253.40.
Australian S&P/ASX 200 futures were last at 8,739, above the index’s previous close of 8,686.10.
Overnight in the US, the Dow Jones Industrial Average rose to an all-time high, while the Nasdaq Composite underperformed as investors moved away from chip names and into non-tech stocks.
The 30-stock Dow index closed at a record high of 51,561.93 points, up 874.86 points, or 1.73%. Nasdaq closed at 26,830.96 points, with a 0.09 percent loss, and the S&P 500 index closed at 7,584.31 points, with a 0.41 percent increase.
The rotation was triggered by a selloff in Broadcom that led investors to reduce their exposure to AI-related stocks. The chipmaker lost more than 12% after its fiscal second-quarter revenue missed estimates. Chip names that rode the last leg of the market’s rally to record highs have fallen dramatically. VanEck Semiconductor ETF (SMH) lost more than 1%. Arm Holdings lost more than 4%, while Micron Technology fell nearly 8%.
Stocks also remained under pressure due to Middle East concerns. Mixed messages have emerged from negotiations to end the war that has recently roiled global markets and sent oil and gasoline prices soaring.
— CNBC’s Spencer Kimball And Lisa Kailai Khan contributed to this report.
