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Customers shopping for vegetables at a supermarket in Nanjing, China.
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Asia-Pacific markets were set to fall Thursday after U.S. stocks ended a choppy session slightly higher as the Federal Reserve meeting minutes signaled interest rates could stay higher for longer due to sticky inflation.
Investors in Asia also await China's inflation data for December. Economists polled by Reuters expect growth in consumer prices to remain near zero while producer prices are estimated to slide.
Japan's benchmark Nikkei 225 was set to fall, with the futures contract in Chicago at 39,950 and its counterpart in Osaka last trading at 39,950 against the index's previous close of 39,981.06.
Australia's S&P/ASX 200 edged down 0.32%.
In contrast, futures for Hong Kong's Hang Seng index last traded at 19,264, pointing to a lower open compared to the HSI's close of 19,279.84.
— CNBC's Pia Singh and Sean Conlon contributed to this report.
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The investment bank also removed several other stocks from the list and added others, including one it gives nearly 50% upside.
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MediaTek, the Taiwanese semiconductor company collaborating with Nvidia on its newly announced small AI supercomputer, is expected to see significant financial benefits from the partnership starting in 2026, according to Bernstein.
Nvidia's desktop supercomputer, priced starting at $3,000, is set to launch in May 2025.
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— Ganesh Rao
English (US)