Opening calls from Singapore
Good morning from Singapore and happy mid-week. Asia markets are poised to open mixed. Japan’s benchmarkNikkei 225was set to open marginally lower, with the futures contract in Chicago at 39,660 while its counterpart in Osaka last traded at 39,600, against the index’s last close at 39,678.02.
Australia’sS&P/ASX 200was also set to start the day lower with futures tied to the benchmark at 8,545, compared with its last close of 8,630.3.
Futures for Hong Kong’sHang Seng index, however,stood at 24,622, pointing to a stronger open compared to the HSI’s last close of 24,590.12.
Investors will be keeping an eye on Indonesian stocks after U.S. PresidentDonald Trumpon Tuesday said that he has reached a preliminary trade deal with Indonesia, which will impose a 19% tariff on the Southeast Asian country’s U.S. exports.
— Lee Ying Shan
Stock futures are little changed
Stock futures were little changed on Tuesday evening, with investors awaiting fresh corporate earnings and inflation data.
Futures tied to the Dow Jones Industrial Average pulled back 47 points, or 0.1%, while S&P 500 futures dipped 0.1%. Nasdaq 100 futures slipped 0.1%.
— Brian Evans
S&P 500, Dow end Tuesday in the red
The S&P 500 dropped 0.4% on Tuesday to close at 6,243.76. TheDow Jones Industrial Averagelost 436.36 points, or 0.98%, ending at 44,023.29.
The tech-heavy Nasdaq Composite was the only bright spot in Tuesday’s market. The Nasdaq rose 0.18% to settle the session at 20,677.80.
— Pia Singh
