Japan stocks set for lower open as Wall Street retreats from all-time highs

Japan stocks set for lower open as Wall Street retreats from all-time highs

SINGAPORE — Stocks in Japan were set to trade lower at the open after shares on Wall Street pulled back overnight from all-time highs.Futures pointed to a lower open for Japanese stocks, which start their trading week today following a Monday holiday. The Nikkei futures contract in Chicago was at 28,120 while its counterpart in Osaka was at 28,180. That compared against the Nikkei 225's last close at 28,139.03.Shares in Australia rose in early trading, with the S&P/ASX 200 up about 0.3%.CurrenciesThe U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.524 after its rise from levels below 89.6 last week.The Japanese yen traded at 104.18 per dollar, still weaker than levels below 103 against the greenback seen last week. The Australian dollar changed hands at $0.7705, having declined from levels above $0.774 in the previous trading week.Bitcoin fell along with other digital coins on Monday, wiping out about more than $100 billion from the entire cryptocurrency market. Bitcoin, the largest cryptocurrency, was at about $34,973.33 as of around 6:32 p.m. EST Monday according to Coin Metrics.