This is CNBC's live blog covering Asia-Pacific markets.

Asia-Pacific markets were largely lower Friday, after Wall Street benchmarks Nasdaq Composite and S&P 500 suffered their worst day in nearly two months on downbeat Microsoft earnings forecast and Meta results.

Traders in Asia assessed a slate of economic data from the region.

Caixin China manufacturing purchasing managers' index for October came in at 50.3, according to the private survey, beating median estimate of 49.7 in a Reuters poll of economists, and rebounding from September's 49.3.

A reading below 50 shows contraction in manufacturing, while one above that indicates expansion.

China's CSI 300 jumped 0.16%, while Hong Kong's Hang Seng index climbed 0.74%.

Australia's third-quarter producer prices index climbed 3.9% year on year, sharply lower than 4.8% reading in the previous quarter, according to data from Australian Bureau of Statistics on Friday. Quarter on quarter, the index rose 0.9% compared with a 1% rise in previous quarter.

Australia's S&P/ASX 200 traded 1% lower.

Japan's Nikkei 225 fell more than 2%, while the broad-based Topix dropped 1.33%. The Bank of Japan maintained its benchmark policy rate at 0.25% on Thursday.

In South Korea, the blue chop Kospi lost 0.19% and the Kosdaq index declined 1.47%.

Taiwan Weighted Index lost 1.51%, as Typhoon Kong-rey, the largest storm to hit the island in nearly 30 years, wreaked havoc.

Overnight in the U.S., all three major indexes dropped.

The S&P 500 tumbled 1.86% to finish at 5,705.45 and the Nasdaq Composite lost 2.76% to close at 18,095.15 — both recorded their biggest one-day losses since Sept. 3. The Dow Jones Industrial Average declined 0.9% to end at 41,763.46.

That marked the final trading day of a choppy month on Wall Street, with the 30-stock Dow recording monthly losses of 1.3%, S&P 500 declining 1% and the Nasdaq slipping 0.5%, amid heightened uncertainty ahead of the U.S. Presidential election and the Federal Reserve's rate decision next week.

—CNBC's Hakyung Kim and Brian Evans contributed to this report.

Gold slides, heading for first losing session in five

Gold futures pulled back roughly 2% on Thursday and headed for their worst day since July.

Spot gold also pulled back 2% and headed for its first losing session in five. For the month, bullion has advanced about 5%.

— Brian Evans, Nick Wells

U.S. crude oil closes nearly 1% higher as OPEC+ could delay production boost

U.S. crude oil futures closed nearly 1% higher on Thursday, as OPEC+ could delay its planned output boost and gasoline demand picked up in the U.S.

U.S. crude oil gained 65 cents, or 0.95%, to settle at $69.26 per barrel, while Brent futures rose by 61 cents, or 0.84%, to close at $73.16 a barrel.

Sources told Reuters that OPEC+ could delay its output hike planned for December by a month or more. The prospect of higher supplies next year has weighed on prices recently.

U.S. gasoline inventories also fell by 2.7 million barrels last week, signaling an uptick in demand.

Oil prices are down more than 3% this week after selling off steeply Monday in the wake of Israel's retaliatory strikes against Iran. Israel spared the Islamic Republic's oil facilities, providing some relief for an oil market that had been on edge over the risk of a supply disruption.

— Spencer Kimball

Futures are higher

Stock futures were up shortly after 6 p.m. ET.

Nasdaq 100 futures rose 0.3%. Dow and S&P 500 futures both inched higher by 0.1%.

— Alex Harring

CNBC Pro: Wealth manager for the super-rich names 3 stocks to buy before the year-end

Equity markets rallied this year, as investors remained bullish on Big Tech but also scooped up shares in under-the-radar companies.

CNBC Pro touched base with Kevin Teng, CEO of Wrise Private Singapore, for his take on the stocks he favored at the start of the year, as well as names he's betting on before the year's end.

The wealth manager — whose firm serves ultra-high-net-worth individuals across Asia, the Middle East and Europe — revealed his three stock picks, including two under-the-radar names.

CNBC Pro subscribers can read more here on the three stocks he's betting on now.

— Amala Balakrishner