
Asia-Pacific markets are poised to slide on Tuesday, tracking losses in the U.S. following anxiety over tariff policy and a potential recession in the world's largest economy.
Japanese markets led losses in the region, with the benchmark Nikkei 225 falling over 2% shortly after the open, while the broader Topix index fell 1.57%.
The country's revised GDP for the fourth quarter came in at 2.2% on an annualized basis, below economists' expectations and the previous estimate of 2.8% growth.
South Korea's Kospi started the day 1.78% lower, while the small-cap Kosdaq plunged 2.11%.
Australia's S&P/ASX 200 fell around 1.28% in early trade, reversing course from gains in the previous session.
Futures for Hong Kong's Hang Seng index stood at 23,321 pointing to a slightly weaker open compared to its Monday close of 23,783.49.
Source: CNBC
US stocks closed sharply lower on Friday as a Broadcom-led rout among the largest tech weights sparked a rotation into cyclicals and defensive names. The S&P 500 fell 1% and the Dow gave back 0.4%...
Europe's benchmark index dropped on Friday, retreating from the edge of a record high as a selloff in US technology stocks weighed on global gauges. The Stoxx Europe 600 declined 0.5%, reversing...
The STOXX 50 rose 0.5% and the STOXX 600 gained 0.3% on Friday, marking a second consecutive session of increases and tracking global optimism after the Federal Reserve cut the fed funds rate and stru...
Asian stocks opened higher on Friday (December 12) morning after Wall Street and global equity indexes set new records. The MSCI Asia Stock Index rose about 0.5% early in the session, with the Japanes...
The Dow jumped more than 600 points to a fresh record and the S&P 500 reversed early session losses to trade marginally higher, while the Nasdaq pared losses to roughly 0.5% on Thursday afternoon ...
The US dollar remains sluggish after experiencing intense pressure following the Fed's decision to cut interest rates by 25 bps. The US Dollar Index (DXY) remains in the lower zone and is trending lower weekly, as market participants assess the...
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353 as traders digest comments from Federal Reserve (Fed) officials. Bullion...
US stocks closed sharply lower on Friday as a Broadcom-led rout among the largest tech weights sparked a rotation into cyclicals and defensive names. The S&P 500 fell 1% and the Dow gave back 0.4% after touching record highs, while the Nasdaq...
The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels to ensure the...
Asia-Pacific markets opened higher on Thursday morning after the Federal Reserve delivered its third interest rate cut this year. The Fed cut the...
European equities edged lower on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, limiting risk...
Both the STOXX 50 and the STOXX 600 slipped 0.2% on Thursday, marking a third straight session of losses for the former.
Weak sales and profit...