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Asia stocks eye steady open after U.S. neared high
Asian stocks look set for a cautious start Friday after U.S. shares edged toward an all-time high and Treasuries climbed as traders digested some mixed economic data and the latest spate of earnings.
Equity futures dipped in Australia and Hong Kong. Japan is closed for a holiday. The S&P 500's biggest three-day advance since April took it nearer a new peak, while the Nasdaq 100 closed at a record. Technology firms like Microsoft Corp. rallied and cyclical stocks lagged. Twitter Inc. jumped on an upbeat outlook, but Intel Corp. fell on a lackluster sales forecast. U.S. stock futures rose.
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Asian stocks look set for a cautious start Friday after U.S. shares edged toward an all-time high and Treasuries climbed as traders digested some mixed economic data and the latest spate of earnings.
Equity futures dipped in Australia and Hong Kong. Japan is closed for a holiday. The S&P 500's biggest three-day advance since April took it nearer a new peak, while the Nasdaq 100 closed at a record. Technology firms like Microsoft Corp. rallied and cyclical stocks lagged. Twitter Inc. jumped on an upbeat outlook, but Intel Corp. fell on a lackluster sales forecast. U.S. stock futures rose.
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