Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea.
Insung Jeon | Moment | Getty Images
Asia-Pacific markets are set to mostly open higher Monday , after the U.S.-Russia summit concluded without a ceasefire.
Australia’s S&P/ASX 200 was set to start the day higher with futures tied to the benchmark at 8,843, compared with the index’s Friday close of 8,983.60.
Japan Nikkei 225 was set to open lower, with the futures contract in Chicago at 43,545 while its counterpart in Osaka last traded at 43,370, against the index’s last close of 43,378.31.
Futures for Hong Kong’s Hang Seng index stood at 25,214, pointing to a stronger open compared with the HSI’s last close of 25,270.07.
U.S. equity futures ticked up in early Asia hours on hopes for rate cuts by the U.S. Federal Reserve, which fueled a winning week on Wall Street.
The S&P 500 slipped on Friday after hitting a record high, as investors took some gains off the table after a strong week.
The broad market index settled down 0.29% at 6,449.80. The Nasdaq Composite shed 0.40% to end the week at 21,622.98. while the Dow Jones Industrial Average outperformed, rising 34.86 points, or 0.08%, to close at 44,946.12, thanks to a 12% jump in UnitedHealth.
— CNBC’s Alex Harring and Lisa Kailan Han contributed to this report.
