Home » Wall Street and oil effect on Asia: Tokyo Stock Exchange -0.90%, Sidney -2.2%. Bad auto, oil, tech stocks

Wall Street and oil effect on Asia: Tokyo Stock Exchange -0.90%, Sidney -2.2%. Bad auto, oil, tech stocks

by admin

Sell ​​on Asian stock exchanges, after the negative trend of Wall Street which, for the umpteenth time, reset its rises during the session, to close in red.

The Nasdaq Composite lost 1.3% to 14,154.02 points, after leaping up to + 2.1% during the session. The price list slips further into the correction phase in which it entered the session on the eve of the day.

The Dow Jones lost 313.26 points to 34,715.39, closing below its 200-day moving average, for the first time since December 2021.

The S&P 500 fell 1.1% to 4,482.73, closing below the 4,500 point threshold for the first time since October 2021.

Dietrofront also for oil prices, which slide from the new records from 2014 tested on the eve, however dampening the losses after falling as low as -3%.

WTI is currently barely moving at $ 86.90 a barrel, while Brent is down 1.50% to $ 87.05

The Asian stock exchanges see the declines in hi-tech, oil and auto stocks as protagonists. The Tokyo Stock Exchange Nikkei 225 Index closed 0.90% lower at 27,522.26, after plunging to -2% during the session.

Toyota, Mazda and Mitsubishi under pressure. Among the technology stocks, sales on Sony and Softbank.

In Hong Kong (Hang Seng index down 0.60%), Alibaba and other hi-tech stocks, such as Tencent, hurt badly.

The Shanghai stock exchange falls by 0.86%, Sidney is -2.27%, dragged down by oil, mining and banking, Seoul falls by 1.11%.

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