The Japanese stock market has finished lower in back-to-back sessions, dropping more than 940 points or 2.3 percent along the way.
Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market. The futures contract in Chicago was at 39,150 and its counterpart in Osaka last traded at 39,050 compared to the index's previous close of 39,565.8.
Asia-Pacific markets trade mostly higher on Friday following an upbeat session on Wall Street overnight after U.S. President Donald Trump said he would push for lower interest rates and cheaper oil prices,
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
TOKYO: Japanese tech stocks fell sharply for a second day running on Tuesday (Jan 28) following a plunge in US tech stocks driven by the emergence of a
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Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and U.S. futures sank, while Chinese shares shed some of their early gains after a survey of manufacturers showed export orders dropping to a five-month low.
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.
Shares are mixed in Asia after U.S. stocks edged back from their all-time high, with many regional markets closed for lunar new year holidays
U.S. markets stabilized Tuesday following a wipeout a day earlier when a Chinese AI startup startled markets with its capacity to compete with American tech giants. Futures for the S&P 500 and the tech-heavy Nasdaq ticked up less than 0.
As a tech stock rout and U.S. dollar swings driven by President Donald Trump's tariff threats send markets into a tailspin, investors are piling into assets from Japan's yen to European credit that could act as a buffer to the turbulence.