Posted 4/9/2024, 11:45:21 PM
Asia-Pacific Markets Mixed Ahead of Data; Eyes on Yields and Tech Pullback
- Asia-Pacific markets set for mixed open ahead of economic data releases, including Japan's corporate inflation figures and rate decisions from central banks.
- South Korea's markets closed for parliamentary elections. Futures indicate Australia's ASX 200 to rise for a third day, while Japan's Nikkei 225 set to fall.
- Overnight, U.S. indexes ended mixed ahead of consumer price index data. Dow closed flat while S&P 500 and Nasdaq posted gains.
- Fund managers share dividend stock picks that offer attractive yields and growth amid search for reliable passive income streams.
- Global stocks that are most overbought per relative strength index could be due for a pullback, including some tech names.