JEQ - Asia-Pacific stocks advance tracking overnight rise in global stocks

2023-12-28 02:11:32 ET

Japan ( NKY:IND ) -0.42% . Japan's factory output dips in November; retail sales surpass expectations

China ( SHCOMP ) +1.55%.

Hong Kong ( HSI ) +2.73% .

India ( SENSEX ) +0.37% .

Australia ( AS51 ) +0.70% .

In the U.S. on Wednesday, all three major indexes ended higher , as expectations mounted that the Fed will cut interest rates as soon as next March.

Traders took the riding momentum of a year-end rally amid easing US Treasury yields and positive domestic economic data ahead of Friday's final trading day in the year.

U.S. stock futures were little changed on Thursday as investors look toward the end of a strong year for equities: Dow +0.08% ; S&P 500 +0.20% ; Nasdaq +0.28% .

Traders await jobless claims and pending home sales data on Thursday for further guidance.

Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ).

More on Asia

• Japan's factory output dips in November; retail sales surpass expectations

• Summary of opinions: Members of BOJ called for debate on future exit from easy policy

For further details see: