Asia-Pacific markets are set to open lower on the second last day of the year, tracking Wall Street's declines on Friday. Asia-Pacific markets were set to open lower on the penultimate trading day of this year, after Wall Street declined on Friday. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are Australia's S&P/ASX 200 traded 0.3% lower in its first hour of trade. Japan's Nikkei 225 futures pointed to a weaker open for the market, with the futures contract in Chicago at 40,210 compared to the index's previous close of 40,281.16. This week, traders await China's manufacturing PMI on Tuesday, while markets will be closed on Wednesday for New Year's Day holiday. U.S. stocks fell Friday, led by technology names, but major indexes still rose for the week. The blue-chip Dow Jones Industrial Average shed 333.59 points, or 0.77%, to 42,992.21, falling for the first time in six sessions. The S&P 500 fell 1.11% to 5,970.84. The Nasdaq Composite slid 1.49% to 19,722.03, as Tesla dropped about 5% and Nvidia fell 2%. Money Report Stock futures inch lower as Wall Street readies for the final trading week of 2024: Live updates ‘Noctourism' is expected to be a big travel trend in 2025 —CNBC's Yun Li and Pia Singh contributed to this report. Also on CNBC 10-year Treasury yield rises, hovering near a seven-month high Japan's cabinet approves record $730 billion budget for next fiscal year China's industrial profits extend decline to a fourth straight month, dropping 7.3% in November
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