The Japanese yen weakened to a 38-year low; Asia-Pacific markets open lower – NBC 5 Dallas-Fort Worth

• The Japanese yen weakened late Wednesday to a 38-year low, falling to 160.82 against the U.S. dollar, according to FactSet data.
• Japan's annual retail sales growth for May came in at 3%, higher than the market forecast of 2%, according to a Reuters poll of economists.
• Investors in Asia will also look to China's May industrial profits figures.

Asia-Pacific markets opened lower on Thursday as the Japanese yen weakened late Wednesday to a nearly 38-year low of 160.82 against the U.S. dollar, according to FactSet data.

The yen last crossed the 160 level against the dollar two months ago, prompting the Japanese government to support it in the country's first monetary intervention since 2022.

Japan's annual retail sales growth for May came in at 3%, higher than the market forecast of 2%, according to a Reuters poll of economists. This compares to a revised growth of 2% in April.

Investors in Asia will also be watching China's May industrial profit figures, which will be released on Thursday.

Japan's Nikkei 225 index fell 0.93% while the broad Topix index lost 0.36% in early trading. South Korea's Kospi fell 1%, while the small-cap Kosdaq rose 0.24% in early trading.

Australia's S&P/ASX 200 index opened 1.47% lower, compared to its last close of 7,783.

Hong Kong Hang Seng Index futures were at 17,947, lower than the HSI's last close of 18,089.93.

In the United States, the Dow Jones Industrial Average gained 0.04%, while the S&P 500 rose 0.16% and the Nasdaq Composite rose 0.49%. The Nasdaq's rise was led by Amazon shares, which jumped 3.9%.

The stock hit a record high and reached a market value of $2 trillion for the first time on Wednesday, joining Nvidia, Apple, Alphabet and Microsoft.

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