Hong Kong Street Scene, Mongkok District with busses
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Asia-Pacific markets rose at the end of the week, with investors awaiting a fresh round of data for more clues on the health of services activity through the region.
Services purchasing managers’ index data from major economies including China, India and Hong Kong are set to be released throughout the day.
Futures for Hong Kong’s Hang Seng index stood at 17,455, pointing to a higher open compared with the HSI’s close of 17,230.59.
South Korea’s Kospi rose 0.78% at the open, while the Kosdaq was up 0.14%.
Japan markets were shut for a public holiday.
In Australia, the S&P/ASX 200 traded about 0.9% higher.
Wall Street indexes rose on Thursday as Treasury yields fell, with investors betting the Federal Reserve could be done raising rates for 2023.
The Dow Jones Industrial Average ended 1.7%, higher, its best day since June. The S&P 500 added 1.89%, the first time the S&P 500 posted back-to-back gains of more than 1% since February.
The Nasdaq Composite climbed 1.78%, marking its best session since July.
— CNBC’s Sarah Min and Alex Harring contributed to this report