HITACHINAKA, JAPAN – APRIL 16: Nemophila flowers bloom in Hitachi Seaside Park on April 16, 2020 in Hitachinaka, Japan. (Photo: Tomohiro Ohsumi/Getty Images)
Tomohiro Ohsumi | Getty Images News | Getty Images
Asia-Pacific markets were set to rise after U.S. President Joe Biden and House Speaker Kevin McCarthy expressed cautious optimism about a deal on the U.S. debt ceiling.
“We still have some differences, but I think we’ll probably be able to get where we have to go,” Biden said at the start of highly anticipated talks with McCarthy at the White House on Monday.
Asian markets will focus on today’s private surveys of manufacturing and services activity in Australia and Japan, as well as April inflation data from Singapore.
in Japan, Nikkei 225 Index What looked like an eighth straight day of gains, the Chicago futures contract was at 31,240 and the Osaka futures contract was at 31,190, before closing at 31,086.82.
In Australia, futures S&P/ASX 200 It closed at 7,288 points, up from the index’s last close of 7,263.3 points, while Hong Kong’s Hang Seng appears poised for a rebound. Compared with the closing price of the Hang Seng Index at 19,678.17 points, the Hang Seng Index futures closed at 19,744 points.
Overnight in U.S. stocks, the three major stock indexes were mixed. The Nasdaq Composite Index rose 0.5%, closing at the highest closing price since August and the highest intraday point.
Elsewhere, the S&P 500 rose 0.02% on Monday, but the Dow Jones Industrial Average fell 0.42%.
— CNBC’s Samantha Subin and Jesse Pound contributed to this report