Asia-Pacific markets set to mostly climb following tech rally on Wall Street

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The Exchange Centre, which houses the Australian Securities Exchange (ASX), successful Sydney, Australia, connected Tuesday, Aug. 12, 2025. The S&P/ASX 200 scale extended gains to 0.3% aft the cardinal slope chopped the cardinal currency complaint by 25 ground points, a determination wide expected by economists and markets. Photographer: Lisa Maree Williams/Bloomberg via Getty Images

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Asia-Pacific markets were acceptable to mostly ascent Thursday pursuing a tech rally overnight connected Wall Street that lifted the S&P 500 and Nasdaq Composite, adjacent arsenic increasing fears astir the system weighed connected equities.

Japan's benchmark Nikkei 225 is acceptable to unfastened higher, with the futures declaration successful Chicago astatine 42,140 portion its counterpart successful Osaka past traded astatine 42,110, against the index's past adjacent of 41,938.89.

Australia's benchmark S&P/ASX 200 is acceptable to ascent marginally, with futures lasting astatine 8,756, higher than the index's adjacent of 8,738.8.

Futures for Hong Kong's Hang Seng index stood astatine 25,332, somewhat little than its past adjacent of 25,343.43.

Australia is acceptable to merchandise its household spending information for July aboriginal successful the day.

Global enslaved markets volition proceed to beryllium successful absorption with long-dated borrowing costs astir the satellite nether pressure. The U.S. 30-year Treasury yield nudged supra 5% connected Wednesday greeting for the archetypal clip since July amid questions implicit the aboriginal of tariff revenues following a tribunal ruled that most of the Trump administration's tariffs are illegal.

Japan's 30-year enslaved yield was astatine a record precocious connected Wednesday, with a 100 ground constituent emergence this twelvemonth driven by precocious inflation, debased existent rates and governmental uncertainty.

Overnight stateside, the 3 large averages closed mixed. The S&P 500 roseate Wednesday, boosted by tech shares aft a national tribunal determination successful an Alphabet antitrust lawsuit fueled optimism that the tech giants would beryllium capable to upwind regulatory threats.

The tech-heavy Nasdaq Composite gained 1.03% to extremity the time astatine 21,497.73, portion the S&P 500 climbed 0.51% to decorativeness astatine 6,448.26. The Dow Jones Industrial Average lagged, falling 24.58 points, oregon 0.05%, to settee astatine 45,271.23.

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

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