PGJ - Asia-Pacific stocks mixed tracking late sell-off on Wall Street

2023-12-21 02:09:43 ET

Japan ( NKY:IND ) -1.59%.

China ( SHCOMP ) +0.55%. Geopolitical concerns also dampened sentiment amid reports that Chinese President Xi Jinping told US President Joe Biden during their recent summit in San Francisco that Beijing will reunify Taiwan with the mainland.

Hong Kong ( HSI ) +0.04%.

India ( SENSEX ) +0.14% .

Australia ( AS51 ) -0.45%.

In the U.S. on Wednesday, all three major indexes ended in red , as market broke a nine-day winning streak as investors digested mixed remarks from Fed officials following the Federal Reserve's indication of potential interest rate cuts next year.

U.S. stock futures edged higher on Thursday after the major averages fell sharply during the last session, as investors took profits following a seven-week rally: Dow +0.34% ; S&P 500 +0.35% ; Nasdaq +0.53% .

Traders now await US PCE inflation for November and Q3 US GDP later today.

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

More on Asia

• Japan's November trade deficit narrows amid dip in exports dented by weak demand from China

• China keeps benchmark lending rate unchanged, amid efforts to revive slowing economy

• Bank of Japan maintains ultra-loose monetary policy; no change to dovish policy guidance

• China lowers budget deficit target for 2024; special debt may cover other costs

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