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 were set to track Wall Street gains and open higher Monday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin easing monetary policy next month in his widely anticipated annual speech in Jackson Hole, Wyoming.
Japan’s Nikkei 225 was set to open higher, with the futures contract in Chicago at 43,070 while its counterpart in Osaka last traded at 42,950, against the index’s Friday close of 42,633.29.
Australia’s S&P/ASX 200 was set to start the day lower, with futures tied to the benchmark at 9,011, compared with the index’s last close of 8,967.40.
Futures for Hong Kong’s Hang Seng index stood at 25,722, pointing to a stronger open compared with the HSI’s last close of 25,339.14.
U.S. equity futures were little changed in early Asia hours, as investors await artificial intelligence darling Nvidia‘s earnings.
Last Friday, the blue-chip Dow soared 846.24 points, or 1.89%, to a record level of 45,631.74.
Meanwhile, the broad market S&P 500 rose 1.52% to 6,466.91, while its session high was just three points shy of its record. The tech-heavy Nasdaq Composite gained 1.88%, ending the session at 21,496.53.
— CNBC’s Tanaya Macheel contributed to this report.
