• Asian equities were headed for muted moves early Thursday after a drop for technology stocks led to small declines in US shares. Oil futures rose on an unexpected fall in reserves.
  • Australian shares and Japan futures were slightly lower, while Hong Kong contracts edged higher. The mixed trading followed a listless US session on Wednesday with the S&P 500 ending slightly lower and the tech-heavy Nasdaq 100 falling 0.8% as Nvidia Corp. and Tesla Inc shares slipped.
  • US data due later in the week will offer further signs of the health of the US economy and the effect of monetary policy. Retail sales, producer prices, jobless claims and consumer sentiment figures are among the reports due this week, ahead of the Federal Reserve’s interest rate decision next week.