Asia-Pacific Markets Set for Higher Open After S&P 500 and Dow Jones Rally

Asia-Pacific markets are set for a higher open following a rally in U.S. markets, where the S&P 500 and Dow Jones hit new highs. Australian futures and shares are poised to rise, taking impetus from the positive performance on Wall Street, which was led by a tech rally. The ASX 200, Nikkei 225, and KOSPI all began higher, with gains of 0.5% and 0.7% respectively. Despite light macro catalysts, the latest Federal Reserve rhetoric and FOMC Minutes did little to spur a reaction, with U.S. CPI data on the horizon. China's Finance Ministry is to hold a press briefing on fiscal policy and economic development on October 9.