Asia markets mostly set to rise as investors watch second day of Trump-Xi summit

Asia-Pacific markets have been mostly set to rise Friday, as investors tracked the second day of high-stakes talks between U.S. President Donald Trump and Chinese language President Xi Jinping.

Trump arrived in Beijing on Wednesday for the carefully watched summit, joined by a delegation of American enterprise leaders, together with Tesla CEO Elon Musk and Nvidia chief Jensen Huang.

Japan’s Nikkei 225 was poised to rise, with the Chicago and Osaka futures contracts at 63,100, in contrast with the index’s earlier shut of 62,654.05.

Hong Kong’s Dangle Seng index futures have been at 26,341, barely under the index’s final shut of 26,389.04.

In Australia, futures final traded at 8,720, above the S&P/ASX 200‘s final shut of 8,640.7.

Xi warned Trump on Thursday that Washington and Beijing may face “clashes and even conflicts” if the delicate problem of Taiwan independence is mishandled.

Failure to deal with the matter “correctly” may place “the whole relationship in nice jeopardy,” Xi was quoted as saying.

U.S. inventory futures have been little modified on Thursday night time. Dow futures fell by 10 factors, or 0.02%. S&P 500 futures dipped 0.02%, and Nasdaq 100 futures rose 0.06%.

In a single day within the U.S., the Dow Jones Industrial Common retook 50,000 after Cisco Programs reported sturdy earnings. The 30-stock index popped 370.26 factors, or 0.75%, to finish at 50,063.46.

The S&P 500 climbed 0.77% and closed at 7,501.24, whereas the Nasdaq Composite gained 0.88% to 26,635.22. These two indexes scored contemporary all-time intraday highs and file closes.

— CNBC’s Sean Conlon and Lisa Kailai Han contributed to this report