8 January 2025

Sunrise view of Seoul's downtown skyline, aerial view of N Seoul Tower in Namsan Park in the morning twilight sky. Best viewpoint and trek of Mount Inwangsan in Seoul, South Korea

Mongkul Chuwong | moment | Getty Images

Asia-Pacific markets are set to open lower on the penultimate trading day of the year, following a decline on Wall Street on Friday.

Australia Standard & Poor's/ASX 200 Its trading fell by 0.3% in the first hour of trading.

Japan's Nikkei 225 futures signaled a weaker market open, with Chicago futures reaching 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 New Year holiday.

US stocks fell on Friday, led by technology names, but major indexes still rose during the week.

Blue chip Dow Jones Industrial Average It fell 333.59 points, or 0.77%, to 42,992.21 points, declining for the first time in six sessions. the Standard & Poor's 500 It fell by 1.11% to 5970.84. the Nasdaq Composite It fell 1.49% to 19,722.03 points Tesla It decreased about 5% and Nvidia Decreased 2%.

CNBC's Yun Lee and Pia Singh contributed to this report.

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