Market in Tokyo in June 2023.
Richard A. brooks | AFP | Getty Images
Asia-Pacific markets were mixed on Friday after Wall Street saw the Dow Jones Industrial Average fall more than 200 points and the S&P 500 retreat from a record high.
Traders in Asia assessed household spending data from Japan fell 1.3% in October year-on-year, slower than the 2.6% decline expected by economists polled by Reuters. On a monthly basis, spending grew by 2.9% in October compared to September, beating expectations of 0.4%.
India kept interest rates steady at 6.5% on Friday as it sought to curb inflation after it rose to a 14-month high in October.
Japan Nikki 225 The index fell 0.9% in trading, while the Topix index lost 0.6%.
South Korea's Kospi fell 0.7%, while the KOSDAC fell 2%. Investors continue to monitor the political situation in the country amid moves to impeach President Yeon Suk-yeol over his brief declaration of martial law earlier this week.
South Korea's largest opposition party reportedly said Friday that lawmakers were on alert after receiving reports of another possible declaration of martial law.
The Hang Seng Index in Hong Kong rose 1.3%, while the CSI 300 Index in mainland China rose 1.6%.
Australia's S&P/ASX 200 index fell 0.64% to end the day at 8,420.9.
Meanwhile, the Nasdaq Composite Index fell 0.18% to close at 19,700.26. The S&P 500 index fell by 0.19%, settling at 6,075.11 points.
Investors are looking forward to key US employment data scheduled for release on Friday. The job report could trigger a policy rate decision by the Fed at its policy meeting later this month.
— CNBC's Lisa Kailay Hahn and Sean Conlon contributed to this report.
