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    You are at:Home»World News»Asian markets are primarily declining and tracking Wall Street losses
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    Asian markets are primarily declining and tracking Wall Street losses

    September 3, 202502 Mins Read
    Asian markets are primarily declining and tracking wall street losses

    Elizabesky in Perth City

    Merr Watson/Women Who Drone | Photodisc | Getty Images

    The Asia-Pacific market fell mostly on Wednesday, tracking Wall Street losses as investors assessed rising global bond yields and latest developments on the trade front.

    Australia's S&P/ASX 200 fell 0.52% ahead of the release of its second quarter GDP reading, which ended in June. The economists voted by Reuters predicted an expansion of 1.6% from the previous year, but ended in March, compared to the 1.3% posted in the last quarter.

    Japan's Nikkei 225 lost 0.43%, while the broader Topix index fell 0.35%.

    In Korea, the Kospi Index rose 0.16%, while the small Kosdaq remained flat.

    Hong Kong's Hangsen Index's futures were 25,445, pointing to a weaker open compared to the HSI's final closure of 25,496.55.

    The Chinese market will be speaking at the military parade by President Xi Jinping, later in the day to commemorate the 80th anniversary of the end of World War II.

    The event will be blessed with 26 world leaders, including Russian President Vladimir Putin and North Korean leader Kim Jong Un.

    US stock futures rose almost early in Asia after federal courts that ruled the Google-Parent Alphabet antitrust case promoted optimism that Tech Majors could navigate regulatory threats.

    All three important benchmarks fell a day in the overnight state.

    The Dow Jones industrial average closed at 45,295.81 at 249.07 points, or 0.55%. The Broad-based S&P 500 fell 0.69% to 6,415.54, while the Nasdaq composite slid 0.82% to close at 21,279.63.

    – CNBC's Pia Singh, Sean Conlon and Sarah Min contributed to this report.

    Asian declining losses markets primarily Street Tracking Wall
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