People stand outside a shop on Pitt Street Mall in Sydney, New South Wales, Australia on Boxing Day.
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Asia-Pacific markets opened higher on Thursday, with several markets remaining closed for Boxing Day.
Japan Nikkei 225 rose 0.37% while the Topix gained 0.49%. South Korea Kospi rose 0.12%, while the Kosdaq gained 0.48%.
Markets in Australia, New Zealand and Hong Kong were closed for Boxing Day.
Traders in Asia will be watching for November manufacturing production data from Singapore later in the day.
Markets in the USA were closed overnight for Christmas. Stock prices surged on Christmas Eve Tuesday as the market posted back-to-back gains over the holiday week.
The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average rose 390.08 points or 0.91% to 43,297.03. The Nasdaq Composite climbed 1.35% to 20,031.13, supported by a 7.4% increase Tesla Shares.
The seasonal Santa Claus rally, which takes place on the last five trading days of the year and the first two in January, began on Tuesday.
— CNBC’s Yun Li and Sean Conlon contributed to this story.
