Asia-Pacific markets set to trade mixed after Nasdaq extends gains backed by technology
was marginally higher and the Kosdaq rose 0.27%. Investors also digested South Korea's latest current account balance data from November, which shifted from a surplus to a deficit for the first time in three months.
Consumers see inflation, spending sliding over next year, according to New York Fed Surveysee the inflation burden easing while they expect to pull back considerably on their spendingThe central bank district's monthly Survey of Consumer Expectations for December showed that the one-year inflation outlook declined to 5%, down 0.2 percentage points from the previous month and the lowest level since July 2021.
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Nasdaq notches second day of gains as investors buy beaten-up tech shares like TeslaThe Nasdaq notched a second day of gains as investors bought beaten-up tech shares like Tesla. The Dow slipped 0.34%. The S&P 500 dipped 0.08%. The Nasdaq rose 0.63%.
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7.0-magnitude quake sparks brief tsunami scare in Pacific nation of VanuatuFrightened villagers in the Pacific island nation of Vanuatu flee to higher ground after a brief tsunami scare following a 7.0-magnitude earthquake late on Sunday
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