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Stock Market Live Updates: Asian markets slide following Wall Street’s dip
Sensex, Nifty, Share Prices LIVE: Asian stocks faced a downturn as they opened lower on Tuesday, echoing Wall Street’s decline. Japan’s Nikkei 225 lost 0.59%, and the broader Topix index slipped 0.65%. South Korea’s KOSPI and Australia’s S&P/ASX 200 also experienced drops of 0.85% and 0.72%, respectively. The negative sentiment followed Wall Street’s Monday session, where the Dow Jones Industrial Average fell 0.71%, the S&P 500 declined by 0.32%, and the Nasdaq Composite dropped 0.20%. The market sentiment was influenced by Federal Reserve Chair Jerome Powell’s dismissal of imminent rate cuts and mixed U.S. earnings reports, contributing to a cautious start for Asian markets.