Asia markets set for muted start as investors assess S&P 500's four-day losing streak

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Asia-Pacific markets were poised for a muted commencement to the time arsenic investors assessed the four-day losing streak for the S&P 500, led by declines successful tech stocks.

Investors successful the portion are awaiting India's HSBC Composite flash purchasing managers' scale speechmaking for August, which provides an aboriginal snapshot of the show of the backstage assemblage economy, expected aboriginal successful the day. Economists polled by Reuters expect it to travel successful astatine 60.5, compared to 61.1 successful the period before.

Japan's Nikkei 225 was acceptable to unfastened flat, with the futures declaration successful Chicago astatine 42,880 portion its counterpart successful Osaka past traded astatine 42,820, against the index's Wednesday adjacent of 42,888.55.

Australia's S&P/ASX 200 was acceptable to commencement the time lower, with futures tied to the benchmark astatine 8,902, compared with the index's past adjacent of 8,918.

Hong Kong's Hang Seng index is slated to unfastened level with futures tied to the scale astatine 25,168, compared with the HSI's past adjacent of 25,165.94.

U.S. equity futures were small changed successful aboriginal Asia hours.

Overnight stateside, 2 of the 3 cardinal benchmarks ended the league successful declines arsenic tech stocks dragged the marketplace lower.

The wide marketplace S&P 500 scale slipped 0.24% to adjacent astatine 6,395.78, portion the tech-heavy Nasdaq Composite mislaid 0.67% and settled astatine 21,172.86. Wednesday marked a 4th time of losses for the S&P 500 and a 2nd antagonistic league for the Nasdaq.

Meanwhile, the Dow Jones Industrial Average was the outlier, adding 16.04 points, oregon 0.04%, and settling astatine 44,938.31.

— CNBC's Yun Li, Pia Singh and Alex Harring contributed to this report.

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