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Global market update: Mixed opening for APAC shares as key US data looms



Investing.com – Asian-Pacific markets opened with mixed results on Wednesday following a varied performance on Wall Street.

By 10:45 am AEST (12:45 am GMT) the and down by 0.4% and 0.8% respectively, while the saw a 0.2% increase.

Benchmark US indices were lifted by a strong showing from technology stocks ahead of Wednesday’s key and the .

The added 0.3%, extending record highs. The dropped around 121 points, or 0.3%, while the rose by 0.9%.

Apple Inc (NASDAQ:) was a standout performer, surging 7.3% to reach its first record high of the year after revealing its new AI system. Investors are now preparing for two events that should help clarify the outlook for short-term interest rates set by the Fed.

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In commodities, was up 0.6% to US$82.12 a barrel, while remained flat at US$2,316.90.

Chinese shares closed mixed, with gains in semiconductors and software competing with losses in banks and marine shipping. Hong Kong shares ended lower, while the Nikkei Stock Average rose 0.2% to 39134.79.

In Europe, stocks slipped on Tuesday, as the dropped 1.0% to 8147.81. Shares closed lower in Europe, with the STOXX Europe 600 Index down 0.9% to 517.29, slipping 0.6% to 18,369.94, and 40 dropping 1.3% to 7,789.21





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