Asia-Pacific marketplaces fall as Nasdaq reaches new highs South Korea inflation in emphasis

Asia-Pacific marketplaces fall as Nasdaq reaches new highs South Korea inflation in emphasis


Professional and household buildings observed from the rooftop of the Lotte Corp. Earth Tower at sunset in Seoul, South Korea, on Tuesday, Nov. 28, 2023. 

Bloomberg | Bloomberg | Getty Images

Asia-Pacific marketplaces fell on Tuesday, inspite of gains on Wall Street that noticed the Nasdaq Composite reached a new document on the toughness of tech shares.

The index was led by gains in Microsoft, Apple and chipmaker Nvidia. It advanced .83% to end at 17,879.3.

Traders in Asia are examining South Korea’s inflation numbers which came in at 2.4% for June, lacking expectations by economists polled by Reuters who predicted a inflation level of 2.7%.

Japan’s Nikkei 225 fell by .41% while the wide-centered Topix stayed flat.

South Korea’s Kospi was .22% decreased and the compact-cap Kosdaq was .39% lessen after the inflation info was introduced.

Australia’s S&P/ASX 200 fell .15% in early trade.

Hong Kong Hang Seng index futures ended up at 17,556, lower than the HSI’s last near of 17,718.61.

Overnight in the U.S., the Dow Jones Industrial Average and the S&P 500 recorded gains, increasing .13% and .27% respectively.

—CNBC’s Brian Evans and Samantha Subin contributed to this report.



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