Asia-Pacific stocks set for lower start after S&P 500 snaps 7-day winning streak

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Asia-Pacific stocks set for lower start after S&P 500 snaps 7-day winning streak
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The S&P 500 slipped 0.2% overnight stateside to end its seven-day winning streak, the longest since August.

Chinese electric carmaker Xpeng is set to debut in Hong Kong on Wednesday, with shares priced at 165 Hong Kong dollars each.

SINGAPORE — Shares in Asia-Pacific looked set for a lower open on Wednesday following losses on Wall Street with the S&P 500 ending its seven-day winning streak. Futures pointed to a lower open for Japanese stocks. Both the Nikkei futures contracts in Chicago and Osaka sat at 28,340, as compared with theAustralian stocks also looked poised for a negative start. The SPI futures contract was at 7,162, as compared with theLooking ahead, Chinese electric carmaker Xpeng is set to debut in Hong Kong on Wednesday, with shares priced at 165 Hong Kong dollars each.

 

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