Asia-Pacific markets set to climb after Wall Street notches fresh record

Asia-Pacific markets were acceptable to unfastened higher Friday, tracking Wall Street gains aft cardinal benchmarks deed caller records connected the heels of the caller Federal Reserve decision.

The cardinal bank's Federal Open Market Committee connected Wednesday lowered its cardinal overnight borrowing complaint by a 4th percent point, putting it successful a scope betwixt 3.5%-3.75%.

Japan's benchmark Nikkei 225 is acceptable to unfastened higher, with the futures declaration successful Chicago astatine 51,000 and the 1 successful Osaka astatine 50,920 against the index's past adjacent of 50,148.82.

Australia's benchmark S&P/ASX 200 was 0.83% higher.

Futures for Hong Kong's Hang Seng index stood astatine 25,788, somewhat higher than its past adjacent of 25,530.51.

Overnight successful the U.S., the Dow Jones Industrial Average and S&P 500 reached caller heights arsenic a Federal Reserve involvement complaint cut, followed by disappointing Oracle results, prompted investors to determination retired of high-flying tech stocks and into names that tin payment from a increasing U.S. economy.

The 30-stock Dow roseate 646.26 points, oregon 1.34%, to decorativeness astatine 48,704.01, a caller closing high. The scale besides scored a new grounds intraday high, supported by a emergence in Visa shares aft the sanction was upgraded astatine Bank of America. The wide market S&P 500 traded up 0.21% to settee astatine 6,901.00, which was besides a closing record. However, the Nasdaq Composite pulled backmost 0.26% to decorativeness astatine 23,593.86.

—CNBC's Sean Conlon and Pia Singh contributed to this report.