Investing.com - Asian Pacific shares are expected to open on a positive note, even as US indexes closed lower overnight.
The S&P/ASX 200, KOSPI 200, and Nikkei 225 saw increases of 0.7%, 1.4%, and 0.4%, respectively.
In contrast, US stocks were dragged down by Salesforce and disappointing results in the tech sector, as well as signs of a cooling US economy. The NASDAQ Composite, Dow Jones Industrial Average, and the S&P 500 all experienced declines.
Salesforce Inc (NYSE:CRM) fell by 20% after a cut in its revenue outlook, while HP Inc (NYSE:HPQ) saw a rise of 17% due to renewed demand for computers, and Best Buy Co Inc (NYSE:BBY) also enjoyed a 13% gain as earnings exceeded expectations.
In commodity markets, Brent crude oil experienced a 2.1% drop, while gold remained steady.
Chinese shares ended mixed, with property stocks declining and the semiconductor sector leading the gains. Hong Kong shares also ended lower, with energy and real estate leading the losses. Japanese stocks ended lower due to declines in electronics stocks, and India's Sensex closed 0.8% lower, tracking Wall Street losses.
In the UK, stocks rose with the FTSE 100 Index adding 0.6%. In Europe, shares closed higher, with the STOXX Europe 600 Index adding 0.6%, Germany's DAX rising 0.1%, and France's CAC 40 gaining 0.6%.