Hang Seng Index, Nifty 50, CSI 300
Lujiazui Business District in Pudong, Shanghai, China.
Liqun Liu | Construction Photography | Hulton Archive | Getty Images
Asia-Pacific markets were poised for modest gains on a holiday-shortened final trading day of the year.
Markets in Hong Kong and Australia will close early for holidays, while Japan and South Korea will be closed throughout the day.
Australia’s S&P/ASX 200 index traded flat.
of hong kong Hang Seng index Futures settled at 25,880, slightly above HSI’s last close of 25,854.6.
MSCI All Country World IndexAccording to data from LSEG, which measures the performance of over 2,500 large and mid-cap stocks from developed and emerging markets, LSEG has increased by over 21% since the beginning of the year, reaching a record high of 1,024.29 on December 26.
US stock futures were flat in early Asian trading.
Overnight in the US, the S&P 500 fell modestly, entering its third consecutive losing session. While the broad market index closed at 6,896.24 with a loss of 0.14 percent, the Nasdaq Composite index lost 0.24 percent at 23,419.08. The Dow Jones Industrial Average lost 0.20% to end at 48,367.06 points.
The three major averages fell at the start of the week, driven by losses in technology. Nvidia has posted back-to-back losing sessions, as has fellow AI player Palantir Technologies.
—CNBC’s Sean Conlon and Liz Napolitano contributed to this report.
