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Asian markets were mixed Thursday, after tech stocks sold off on Wall Street.
Japan’s Nikkei 225
NIK,
gained 0.9% while Hong Kong’s Hang Seng index
HSI,
slipped 0.1%. The Shanghai Composite
SHCOMP,
was flat. South Korea’s Kospi
180721,
edged 0.2% higher, and Australia’s S&P/ASX 200
XJO,
inched up 0.1%. Stocks dipped in Indonesia
JAKIDX,
but advanced slightly in Singapore
STI,
and Taiwan
Y9999,
U.S. stocks closed lower Wednesday. The Dow Jones Industrial Average
DJIA,
closed 3 points lower at 32,420.06, after tumbling roughly 370 points from the session high. The S&P 500 index
SPX,
fell 21.38 points, or 0.6%, ending at 3,889.14. The tech-heavy Nasdaq Composite
COMP,
shed 265.81 points to finish at 12,961.89, a decline of 2%.
In energy markets, benchmark U.S. crude
CLK21,
retreated to $60.09 per barrel in electronic trading on the New York Mercantile Exchange, after rallying 6% Wednesday on news a giant container ship was stuck in the Suez Canal, backing up shipping traffic, including oil and gas shipments.
Brent crude
BRNK21,
the global standard, fell to $63.46 per barrel in London after a similar 6% rally Wednesday.
The dollar
USDJPY,
rose to 108.91 yen.
