It is planned to resume trading on the Asian markets after the New Year holidays.

Australian shares opened higher, while other Asian markets plan to resume trading after the New Year holidays.

Australia S&P/ASX 200 rose 0.17% at the open, while Nikkei 225 futures in Chicago traded at 39,605, down from the index’s last close of 39,894.54

Traders in Asia will also be looking at Singapore’s fourth-quarter gross domestic product. According to a Reuters poll, GDP grew by 3.3% compared to last year.

Other economic indicators available include China’s Caixin manufacturing PMI for December. Economists expect manufacturing activity to come in at 51.7, up slightly from 51.5 in November, according to LSEG data.

Markets in Japan remained closed on Thursday and Friday due to public holidays.

U.S. stock futures were little changed as traders prepared for the new year after all three major indexes posted double-digit annual gains.

Futures tied to the Dow Jones Industrial Average were flat, and S&P 500 Futures gained 0.06%, Nasdaq 100 futures advanced by 0.17%.

The S&P 500 posted annual gains of more than 20% for the second straight year, jumping 23.31%, building on a 24.2% gain in 2023. The Dow Jones industrial average is up 12.88% last year, while the Nasdaq is up 28.64%.

— CNBC’s Christina Cheddar Burke contributed to this report.