Asia-Pacific markets set to open higher after Wall Street gains on tech strength

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People posing for photos successful beforehand of a Christmas airy installation successful cardinal Seoul connected December 22, 2023.

Jung Yeon-je | Afp | Getty Images

Asia-Pacific markets were acceptable to unfastened higher connected Christmas Eve, aft cardinal U.S. benchmarks roseate overnight helped by gains successful tech stocks.

Japan's Nikkei 225 futures pointed to a stronger unfastened for the market, with the futures declaration successful Chicago astatine 39,305 and its counterpart successful Osaka astatine 39,300 compared to the index's erstwhile adjacent of 39,161.34. The Bank of Japan is slated to merchandise the minutes of its October meeting.

Hong Kong's Hang Seng scale futures were astatine 19,924, higher than the HSI's past adjacent of 19,883.13.

Australia's S&P/ASX 200 traded somewhat supra the flatline successful a shortened trading day.

Traders volition show immoderate developments related to the planned merger of Japanese automakers Nissan and Honda, which announced Monday that they had started ceremonial discussions to merge, paving the wage to make the world's third-largest automaker by sales. Discussions are acceptable to reason successful June 2025.

Overnight successful the U.S., stocks rose arsenic spot successful exertion names helped the broader market.

The S&P 500 gained 0.73% to 5,974.07. The tech-heavy Nasdaq Composite rose 0.98% to 19,764.89, as Tesla and Meta Platforms added much than 2% and Nvidia climbed much than 3%.

The Dow Jones Industrial Average erased earlier losses and ended the time 66.69 points higher, oregon 0.16%, to 42,906.95.

Trading was bladed connected Monday and is expected to stay muted during the week. The New York Stock Exchange closes aboriginal Tuesday for Christmas Eve astatine 1 p.m. ET, and the marketplace is unopen connected Christmas Day.

—CNBC's Yun Li contributed to this report.

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