Asia marketplaces mixed just after Wall Street sees tech market-off

Asia marketplaces mixed just after Wall Street sees tech market-off


With the Melbourne skyline in the qualifications, a ship sets sail out of the Port of Melbourne on September 14, 2021.

William West | Afp | Getty Images

Asia-Pacific markets are mixed soon after Wall Avenue saw a tech provide-off Monday, with Tesla tumbling 6% immediately after Goldman Sachs downgraded the electric powered vehicle maker, citing pricing headwinds.

Other tech names like Nvidia, Alphabet and Meta Platforms also lost extra than 3% each and every.

In Australia, the S&P/ASX 200 opened .28% up as buyers await inflation figures for May well on Wednesday, which will give a clue to the Reserve Lender of Australia’s fee moves in August.

In Japan, the Nikkei 225 extended its losses soon after three straight days of declines, slipping .25%, with the Topix looking at a more compact reduction of .06%.

South Korea’s Kospi and Kosdaq also was in the purple, dropping 0.46% and .53% respectively in early trade.

Hong Kong’s Cling Seng index seem established to snap its 5 working day getting rid of streak, with futures at 18,894 in comparison to the HSI’s shut of 18,794.13.

Overnight in the U.S., all a few big indexes fell, with the tech large Nasdaq Composite primary losses and shedding 1.16%, the S&P 500 lost .45%, and the Dow Jones Industrial Average dipped marginally.

— CNBC’s Samantha Subin and Jesse Pound contributed to this report



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