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Stock Market Live Updates: Asian markets tread cautiously amidst US stock retreat
Sensex, Nifty, Share Prices LIVE: Asian markets approached Tuesday’s session cautiously, pausing a record-setting streak from 2004 as US stocks dipped. Australia’s market saw a marginal 0.39% rise to 7,620.60, while Japan remained closed due to recovery from a New Year’s earthquake. South Korea’s KOSPI slipped by 0.49% to 2,642.31, contrasting with Hong Kong’s Hang Seng Index, which saw a 0.51% increase, reaching 17,135.12 points. Concurrently, crude oil prices surged after Iran deployed a warship in the Red Sea, responding to the US Navy’s destruction of three Houthi boats. West Texas Intermediate rebounded to around $72 per barrel following a recent 5.2% decline over three sessions.