Asian stocks tumble on Trump healtcare fallout

Asian stocks tumble on Trump healtcare fallout

On Monday, stocks in Asia dipped as markets reacted to Donald Trump’s failure to overhaul American healthcare and what it might portend for planned tax drops as well as infrastructure spending.

Japan's Nikkei 225 dived more than 1.50%, while Australia's S&P/ASX ASX 200 lost 0.17%.

The Shanghai Composite headed south 0.39%, while Hong Kong's Hang Seng index declined 0.17%.

The previous week, American shares closed mixed, after the House of Representatives’ dared to withdraw a health care bill in order to repeal and replace Obamacare because chances of passing the bill turned to be slim amid a lack of votes.

The Dow offered the greatest reaction to the news, as this benchmark moved steeply off the minimums, though eventually closed in negative territory.

The Dow Jones Industrial Average tumbled 0.29% to hit 20,596. Aside from that the S&P 500 managed to gain 0.11%, while the Nasdaq Composite concluded at 5,828, leaping 0.19%.

Similar

Latest news

Bank of Canada Surprises Markets
Bank of Canada Surprises Markets

The CAD is dominating the markets after the key rate increase! Read the full report to learn more about trading opportunities with the Canadian Dollar!

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