Asian equities dive because risk worries surge

Asian equities dive because risk worries surge

On Wednesday, Asian equities declined because geopolitical risks edged up, while financial markets took a fresh cue from Wall Street.

Japan's Nikkei 225 slumped 1.44%, Australia's S&P/ASX 200 lost 0.36%.

As Australia reported, its third quarter GDP gained 0.6% versus a 0.7% jump observed on quarter.

Equities of Rio Tinto edged down 1.88%. Additionally, Fortescue Metal slumped 0.54%, BHP decreased 1.68%. As for junior miners, they dived with South32 shares losing 3.11%.

The Shanghai Composite edged down 0.60%, the Hang Seng index dived 0.98%,

Meanwhile, Bitcoin kept climbing in Asia, hitting $12,205.46.

Overnight, the S&P 500 headed south 0.4%t being worth 2,629.57. As for the Dow Jones industrial average, it concluded 109.41 points lower demonstrating a reading of 24,180.64.

The Nasdaq composite managed to erase earlier revenues, diving 0.2% and reaching 6,762.21. Besides this, the index also demonstrated a three-day losing marathon.

 

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