Asia-Pacific markets set to open higher, tracking Wall Street gains as AI stocks rebound

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Hong Kong Skyline

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Asia-Pacific markets were acceptable to unfastened higher Thursday, tracking Wall Street gains aft AMD's third-quarter net bushed lifted artificial quality stocks.

Investors successful the portion are looking to Chinese autonomous conveyance firms WeRide and Pony.ai's market debut successful Hong Kong aboriginal successful the day. Both companies are already listed successful the United States.

Pony.ai acceptable the last IPO connection terms astatine 139 Hong Kong dollars a share, according to a filing, raising gross proceeds of HK$6.7 cardinal (about $860 million). WeRide raised HK$2.4 billion.

Japan's benchmark Nikkei 225 scale was acceptable for a higher open, with its futures declaration successful Chicago trading astatine 51,190, and its counterpart successful Osaka astatine 51,090, against the index's Wednesday adjacent of 50,212.27.

Australia's ASX/S&P 200 roseate 0.58%.

Futures for Hong Kong's Hang Seng Index pointed to a higher open, trading astatine 26,150, against the index's erstwhile adjacent of 25,935.41.

U.S. equity futures were small changed successful aboriginal Asian hours aft the Supreme Court expressed skepticism implicit President Donald Trump's tariffs, and arsenic AI stocks recovered pursuing a sell-off connected valuation concerns.

Overnight, the Dow Jones Industrial Average gained 225.76 points, oregon 0.48%, to adjacent astatine 47,311.00. The S&P 500 rose 0.37% to decorativeness astatine 6,796.29, portion the Nasdaq Composite precocious 0.65% to settee astatine 23,499.80.

— CNBC's Sean Conlon and Sarah Min contributed to this report.

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