Asia markets set to track Wall Street gains in thin Christmas Eve trading

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SHANGHAI, CHINA - The German Christmas Market is lit up astatine the Bund Central Square adjacent Nanjing Road Pedestrian thoroughfare successful Shanghai, December 15, 2022. (Photo recognition should work CFOTO/Future Publishing via Getty Images)

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Asia-Pacific markets were poised to way Wall Street gains Wednesday, with trading expected to beryllium thinner arsenic respective indexes are acceptable to adjacent aboriginal successful lieu of the Christmas Eve holiday.

Japan's Nikkei 225 was acceptable to climb, with the futures declaration successful Chicago astatine 50,655 and its counterpart successful Osaka astatine 50,570 compared to the erstwhile adjacent of 50,452.87.

Hong Kong's Hang Seng index futures were astatine 25,818, higher than the HSI's past adjacent of 25,774.14.

However, Australia's S&P/ASX 200 slid 0.33%, snapping a four-day streak of gains.

Hong Kong and Australian markets are expected to adjacent early.

U.S. futures were trading adjacent the flatline successful aboriginal Asian hours, aft the wide marketplace S&P 500 notched a grounds close.

Overnight successful the U.S., stocks roseate for a 4th consecutive league arsenic artificial quality names continued to outperform during a holiday-shortened week.

The S&P 500 added 0.46%, closing astatine a grounds level of 6,909.79. The wide marketplace scale is present conscionable beneath its intraday all-time precocious of 6,920.34.

The Nasdaq Composite climbed 0.57% to extremity astatine 23,561.84. Gains successful tech giants Nvidia and Broadcom, which roseate astir 3% and much than 2%, respectively, lifted the index. The Dow Jones Industrial Average rose 79.73 points, oregon 0.16%, and settled astatine 48,442.41.

—CNBC's Sean Conlon and Pia Singh contributed to this report.

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