Shares in Asia-Pacific set to rise on Friday after a comeback on Wall Street as investors continued to digest the Fed's plans to fight inflation.
Major stock indexes in the U.S. reversed losses to rise slightly at the close, led by defensive stocks. SINGAPORE — Shares in Asia-Pacific were set to rise on Friday after a comeback on Wall Street as investors continued to digest the Fed's plans to fight inflation. Japan's Nikkei futures contract in Chicago was at 27,125, while its counterpart in Osaka was at 27,030. The's close at 7,442.8.The Dow Jones Industrial Average gained 87.06 points, or 0.25%, to 34,583.57 after losing as much as 300 points earlier in the session. The S&P 500 was up 0.43% at 4,500.21, and the Nasdaq Composite inched up 0.06% to 13,897.30 following two straight days of losses.
Source: Financial Digest (financialdigest.net)
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