Nikkei 225, Kospi, Nifty 50
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles
George Pachantouris | Moment | Getty Images
Asia-Pacific markets were set to open mostly lower Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.
Japan’s Nikkei 225 futures in Osaka pointed to a lower open for the market, trading at 58,470 compared to the previous close of 58,710. Chicago futures were at 59,480. The benchmark Japanese index hit 59,000 for the first time on Thursday before paring gains slightly.
Hong Kong Hang Seng index futures last traded at 26,391, compared with HSI’s last close of 26,381.02.
Overnight in the U.S., the S&P 500 pulled back after the latest results from tech titan Nvidia and software giant Salesforce failed to boost the broader market.
The broad market index fell 0.54% to end at 6,908.86, while the Nasdaq Composite declined 1.18% and closed at 22,878.38. The Dow Jones Industrial Average added 17.05 points, or 0.03%, to settle at 49,499.20.
Nvidia shares fell more than 5%, even after the chip giant posted a fourth-quarter earnings and revenue beat. The stock suffered its worst day since April. Other chip stocks such as Broadcom, Lam Research, Western Digital and Applied Materials also slid.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
