Asian markets were trading lower on Tuesday following weak close in US market overnight. Meanwhile, the US Justice Department unsealed criminal charges against China’s Huawei, its subsidiaries and a top executive ahead of trade talks has also impacted the stock market today.
Japan’s Nikkei 225 index has shed 0.86%, Hong Kong’s index Hang Seng has lost 0.42%, Taiwan Weighted fell 1% and Shanghai Composite Index has dipped 0.20%. Sydney dropped 0.6%, Singapore was 0.4% lower with Seoul dropping 0.5%, while Jakarta rose.
The US stocks ended in the negative territory on the back of disappointing earnings report and guidance from the Dow member Caterpillar and a warning from Nvidia Corp. The Dow Jones Industrial Average tumbled 0.84%, the S&P 500 Index slipped 0.78%, and the Nasdaq Composite plunged 1.1%.
Japan’s Nikkei 225 index has shed 0.86%, Hong Kong’s index Hang Seng has lost 0.42%, Taiwan Weighted fell 1% and Shanghai Composite Index has dipped 0.20%. Sydney dropped 0.6%, Singapore was 0.4% lower with Seoul dropping 0.5%, while Jakarta rose.
The US stocks ended in the negative territory on the back of disappointing earnings report and guidance from the Dow member Caterpillar and a warning from Nvidia Corp. The Dow Jones Industrial Average tumbled 0.84%, the S&P 500 Index slipped 0.78%, and the Nasdaq Composite plunged 1.1%.
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