Asia-Pacific markets live: RBI meeting, Nvidia

Asia-Pacific markets were set to open higher on Thursday, tracking gains on Wall Street as investors shrug off a week of trade turmoil and a slew of disappointing U.S. tech earnings.

Australia’s S&P/ASX 200 traded 0.8% higher at the open.

Japan’s Nikkei 225 futures pointed to a higher open for the market. The futures contract in Chicago is currently at 38,985 and its counterpart in Osaka last traded at 38,960 compared to the index’s previous close of 38,831.48.

Hong Kong’s Hang Seng index futures were at 20,681 also stronger than the HSI’s last close of 20,597.09.

India’s central bank is expected to cut benchmark interest rates in its policy meeting that’s underway, as it strives to stimulate a faltering economy.

Overnight in the U.S., the three major indexes posted gains for the second day in a row, even as notable technology stocks Alphabet and AMD posted steep losses following earnings.

The blue-chip Dow Jones Industrial Average climbed 317.24 points, or 0.71%, to 44,873.28. The index’s gains were led by a sharp advance in Nvidia. The S&P 500 rose 0.39%, ending at 6,061.48. Meanwhile, the Nasdaq Composite added 0.19%, closing at 19,692.33.

Nvidia jumped more than 5% after server maker Super Micro Computer announced full production availability of its artificial intelligence data center with Nvidia’s Blackwell platform. Super Micro shares rose around 8% following the announcement.

—CNBC’s Sean Conlon and Sarah Min contributed to this report.