Stocks in Asia Pacific were set to trade lower at the Thursday open following an overnight plunge stateside that saw the Dow Jones Industrial Average falling more than 700 points.
Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 22,245 while its counterpart in Osaka was at 22,210. That compared against the Nikkei 225’s last close at 22,534.32.
Shares in Australia were also set to decline, with the SPI futures contract at 5,837, as compared to the S&P/ASX 200’s last close at 5,965.70.
Markets in China and Hong Kong are closed on Thursday for a holiday.
Investor reaction to overnight moves on Wall Street will be watched on Thursday. The Dow fell 710.16 points, or 2.7%, to close at 25,445.94. The S&P 500 finished its trading day 2.6% lower at 3,050.33 while the Nasdaq Composite slid 2.2% to close at 9,909.17. It