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TOKYO (AP) – Asian stocks were mostly down on Wednesday after the sharpest drop in oil prices for over three years that put investors in a sell-out mood on Wall Street.
KEEP THE SCORE: The Japan Nikkei 225 benchmark rose 0.2% to 21 846.48, while the Australian S & P / ASX 200 lost 1.7% to 5 732.80. South Korea, Kospi, edged down 0.4% to 2,063.88. Hong Kong's Hang Seng sold 0.5% to 25,659.21, while the Shanghai Composite index was down 0.9% to 2631.99. Stocks were also lower in Thailand and Singapore.
WALL STREET: The S & P 500 index lost 4.04 points, or 0.1%, to 2,722.18 on Tuesday. The Dow Jones Industrial Average Index lost 100.69 points, or 0.4%, to 25,286.49 points, half of which was due to Boeing's decline. The Nasdaq composite has changed little at 7,200.87. The Russell 2000 Small Business Index dropped 3.99 points, or 0.3%, to 1,514.80.
COMMERCIAL WORLD: Fears about global growth persist despite trade tensions between the United States and China. Traders were encouraged by a Chinese report that the country's top economic adviser could travel to Washington ahead of the scheduled meeting between Chinese President Xi Jinping and US President Donald Trump at the Group of 20 meeting in Argentina this month -this. The United States and China have increased their tariffs on billions of dollars worth of goods.
The quote: "Markets are going to be chaotic," said Stephen Innes of Oanda in Singapore, citing Brexit's global evolution and falling oil prices, adding that "all this suggests significant risks ".
ENERGY: The benchmark US crude oil plunged 35 cents to $ 55.34. He plunged 7.1% to 55.69 dollars a barrel on Tuesday. Brent, used for the price of international oil, dropped 25 cents to 65.22 dollars a barrel. Oil has been declining for 12 consecutive days, due to concerns over rising global oil production and weak demand from developing countries, and the expectation of an increase in oil prices. offer from the United States and OPEC.
CURRENCIES: The dollar slipped to 113.88 yen against 114.01 on Tuesday night in Asia. The euro has strengthened, rising from 1.1225 dollars to 1.1294 USD.
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Yuri Kageyama is on Twitter at https://twitter.com/yurikageyama
On Instagram at https://www.instagram.com/yurikageyama/?hl=en
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