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Asia-Pacific stocks set to dip as investors watch tech shares following Wall Street losses

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Overnight stateside, the Nasdaq Composite fell 1.3% to close at 10,910.28.The tech-heavy benchmark briefly dipped back into correction territory, down 10% from its all-time high.

Developments on the coronavirus pandemic could also weigh on investor sentiment. The World Health Organization's regional director for Europe on Thursday warned of a "very serious situation" unfolding in Europe.

Stocks in Asia-Pacific were set to trade lower at the Friday open, with technology shares set to be watched after their counterparts stateside saw losses overnight. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,305 while its counterpart in Osaka was at 23,220. That compared against theShares in Australia were also poised to decline. The SPI futures contract was at 5,880.0, as compared to theShares of technology firms regionally will be watched amid renewed pressure seen in stocks of their counterparts on Wall Street.

fell 1.3% to close at 10,910.28.The tech-heavy benchmark briefly dipped back into correction territory, down 10% from its all-time high.

 

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ok a big descount bullish

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