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Singapore manufacturing data on deck


People standing outside the store in the Pitt Street Mall in Sydney, New South Wales, Australia, on Boxing Day.

Bloomberg | Bloomberg | Getty Images

Asia-Pacific markets opened higher on Thursday, with many markets remaining closed for Boxing Day.

of Japan Nikkei 225 rose 0.37%, while the Topix added 0.49%. South Korea Kospi inched up 0.12% while the Kosdaq rose 0.48%.

Markets in Australia, New Zealand and Hong Kong were closed for the Boxing Day holiday.

Traders in Asia should look to November manufacturing output data coming out of Singapore later in the day.

Overnight in the United States, markets were closed for Christmas. Stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week.

U S&P 500 add 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03. U Nasdaq Composite climbed 1.35% to 20,031.13, helped by a 7.4% jump in Tesla actions

Tuesday marked the beginning of the seasonal Santa Claus demonstration, which happens in the last five business days of the year and the first two in January.

— CNBC’s Yun Li and Sean Conlon contributed to this story.



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