Sunrise scene of downtown Seoul skyline, Aerial view of N Seoul Tower in Namsan Park in twilight sky in morning. The best viewpoint and trekking from Inwangsan Mountain in the South Korean city of Seoul
Mongkol Chuewong | moment | Getty Images
Asia-Pacific markets are expected to open lower on the penultimate trading day of this year after Wall Street fell on Friday.
Australia S&P/ASX 200 traded 0.3% lower in the first hour of trading.
Japan’s Nikkei 225 futures pointed to a weaker market open, with the Chicago futures contract at 40,210, compared to the index’s previous close of 40,281.16.
This week, traders await China’s manufacturing PMI on Tuesday, while markets will be closed on Wednesday for the Lunar New Year holiday.
U.S. stocks fell on Friday, led by technology stocks, but major indexes still rose for the week.
The blue chip Dow Jones Industrial Average lost 333.59 points or 0.77% to 42,992.21, falling for the first time in six sessions. The S&P 500 fell 1.11% to 5,970.84. The Nasdaq Composite slipped 1.49% to 19,722.03 Tesla fell by about 5% and Nvidia fell by 2%.
—CNBC’s Yun Li and Pia Singh contributed to this report.
