Oil, Iran protests, Hang Seng Index, CSI 300
Shanghai city skyline seen from the observation deck at Shanghai Tower in China.
Qilai Shen | Bloomberg | Getty Images
Asia-Pacific markets will open higher on Monday, tracking Wall Street’s gains after the US jobs report showed fewer jobs were created than expected in December and the unemployment rate will fall, signaling resilience in the labor market.
Investors will keep a close eye on oil prices as Iran enters its third week of protests that have killed more than 500 people, according to a US-based human rights group. President Donald Trump is reportedly weighing options for intervention in Iran, according to multiple reports released Sunday.
Brent crude futures It rose 0.84% to $63.87 per barrel. USA West Texas Central Crude oil rose 0.83% to $59.62 as of 7:25 a.m. Singapore time (6:25 p.m. EST on Sunday).
Australia’s S&P/ASX 200 index gained 0.22%.
of hong kong Hang Seng Index Futures contracts started trading at 26,408, compared to the index’s previous close of 26,231.79.
Japanese markets were closed for a holiday.
US stock futures were flat in early Asian trading ahead of key economic data and earnings reports due later in the week.
in the USA on Friday, S&P 500 It closed at 6,966.28 with an increase of 0.65%, which was a new record closing. It also set a new all-time intraday high during the session.
Nasdaq Composite It rose 0.81% to 23,671.35. Dow Jones Industrial Average It increased by 237.96 points or 0.48% to 49,504.07 and broke a new closing record.
— CNBC’s Sean Conlon and Pia Singh contributed to this report.
