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TOKYO – Asian stocks were mixed on Wednesday as the Democratic Party seemed poised to regain control of the US House of Representatives, potentially putting control over President Donald Trump.
KEEPING THE SCORE: Japan's benchmark, the Nikkei 225, fell 0.3% to 22,085.80. The Australian S & P / ASX 200 rose 0.4% to 5,896.90%. Kospi of South Korea slipped 0.5 percent to 2,078.69. Hong Kong's Hang Seng wiped out its previous gains, shedding 0.2% to 26,064.31 points, while the Shanghai Composite index fell 0.5% to 2,645.01. US futures are up, with the Dow contract increasing less than 0.1% to $ 25,653.00 and the S & P 500 adding 0.1% to 2,761.70.
ELECTION WATCH: The results of the American mid-term elections, which followed one another throughout the Asian day, largely corresponded to the expectations of the market players. Democrats were about to win back their majority in the House of Representatives, while Republicans the Senate. This augurs a divided government that raises uncertainties about policy direction under President Donald Trump.
WALL STREET: The S & P 500 index rose 17.14 points, or 0.6%, to 2,755.45. The Dow Jones Industrial Average Index gained 173.31 points, or 0.7%, to 25,635.01. The Nasdaq composite gained 47.11 points, or 0.6%, at 7,375.96. The Russell 2000 Small Business Equity Index added 8.59 points, or 0.6%, to 1 556.10.
QUOTE: "The real question is whether the outcome of the mid-term negotiations will in any way diminish Trump's influence on Congress and whether the scope of his executive power over world trade and other commitments will be limited, "said Mizuho Bank in a comment
ENERGY: Oil prices have fallen after the US said it would allow a group of allies to continue buying oil from Iran as long as they continue to try to reduce imports from Iran. from this country. The United States has reinstated sanctions against Iran this month. The benchmark US crude oil fell 49 cents to 61.72 USD in electronic transactions on the New York Mercantile Exchange. It fell 1.4% to 62.21 dollars a barrel in New York on Tuesday. Brent crude fell 43 cents to $ 71.70.
CURRENCIES: The dollar rose from 113.18 yen to 113.20 yen. The euro rose from 1.1427 dollar to 1.1434 dollar.
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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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