Asian equities edge down after tech shares dip on Wall Street

Asian equities edge down after tech shares dip on Wall Street

On Tuesday, Asian equities slid a bit following a lackluster trading session on Wall Street where technology shares went down.

Japan’s Nikkei 225 index dived 0.3% because the Japanese yen rallied versus the greenback. Market participants are closely watching the US tax legislation as well as Brexit talks.

Aside from that the Kospi soared 0.2% in South Korea trading at 2,507.44, the Shanghai Composite index lost 0.2% demonstrating an outcome of 3,303.05. Stocks in Southeast Asia mostly gained, Taiwan decreased. In Australia the S&P ASX 200 sank 0.2% reaching 5,971.80.

Meanwhile, on Wall Street telecom equities, financial institutions as well as other sectors, standing to benefit the most from the government’s drive to cut corporate tax rates, rallied, although technology shares dived, giving up a chunk of the revenues, which made them the best-performing part of the market by far in 2017.

Similar

Latest news

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera