Asian markets mixed on Monday, Japan closed for holiday

seekingalpha
2024-11-04

Adam Gault/OJO Images via Getty Images

Asia-Pacific markets were mixed on Monday, as China’s leaders began a major meeting expected to bring fresh pledges of help for the world’s second-largest economy.

Japan (NKY:IND) closed for Culture Day holiday.

China (SHCOMP) +0.53% recovering some losses from last week as China’s National People’s Congress commenced its five-day meeting.

Hong Kong (HSI) +0.11%

The annual inflation rate in Fiji fell to 3.6% in October 2024.

The S&P Global Philippines Manufacturing PMI declined to 52.9 in October 2024.

India (SENSEX) -1.31%

Australia (AS51) +0.68% recouping some losses from last week amid a broad sharemarket rebound, while investors braced for the closely watched US presidential election and the latest Federal Reserve policy decision.

The ANZ-Indeed Australian Job Ads rose by 0.3% month-over-month in October 2024, much weaker than an upwardly revised 2.3% gain a month earlier.

The Melbourne Institute's Monthly Inflation Gauge rose by 0.3% in October 2024, after a 0.1% increase in the previous month.

Stock markets in the U.S. on Friday, Wall Street's major averages moved higher on Friday, helped by a post-earnings surge in Amazon and Intel.

U.S. stock futures were mixed on Monday: Dow -0.01%; S&P 500 +0.26%; Nasdaq +0.39%.

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