People watch the first sunrise of the New Year from the footbridge overlooking the city skyline of Seoul on January 1, 2024.
Jung Yeon-Je | AFP | Getty Images
The Asia-Pacific market mixed on Thursday after investors continued selling technology names on Wall Street like Nvidia and Oracle.
Nvidia continued its decline since Tuesday as it slipped in nearly 1% and raised fears about the potentially cyclical nature of the AI industry.
Japan Nikkei 225 We started trading sessions near the flatline, but broad-based Topix has reached 0.58%.
South Korea Kospi A decline of 0.28%, while the small-cap Cosdaq fell by 0.27%. South Korea's defense stocks continued to rise, with major players like Hanwha Aerospace increasing by 2.46%, while Puong San gaining 3.28%.
Australia's S&P/ASX 200 slipped 0.23% in early trade.
Hong Kong Hangsen index Futures were 26,394, with HSI's final closure below 26,518.65. Hong Kong investors are looking at the listings for Chinese automaker Cherry Motorcycle later today, but the ceremony is reportedly cancelled due to the super typhoon Lagasa.
US stock futures have changed little as investors awaited the release of weekly unemployment claims data on Thursday.
Overnight in the US, the S&P 500 ended at 6,637.97, down 0.28%, but Nasdaq's composite pulled back 0.34% and settled at 22,497.86.
The Dow Jones industrial average fell 0.37%, finishing at 46,121.28.
—CNBC's Sean Conlon and Pia Singh contributed to this report.