People standing in front of an electronic exhibition showing the Hang Seng index in the Hong Kong central district on July 26, 2021, after the actions plunged while the school fees were hammered by China’s decision to reform the private education sector by preventing them from making profits.
Isaac Lawrence | AFP | Getty images
The markets in Asia-Pacific fell on Wednesday as investors are preparing for specific prices in the American country Donald Trump, which is expected to enter into midnight in the United States.
Australia S&P / ASX 200 slipped 1.06%.
Japanese Nikkei 225 lost 3.14%, While the Topix exchanged 3.26% lower. In South Korea Kospit bordered 0.18% lower while the Kosdaq with small capitalization lost 0.44%.
The Hong Kong Hang Seng index dropped by 3.86%, while the Hang Seng Tech index decreased by 5.42%.
Additional prices will take effect just after midnight, adding to the reference rights of 10% which have already been implemented on Saturday. Chinese products will now face a cumulative rate of 104%, confirmed the White House.
Investors will also have an eye on the decision of Reserve Bank of India later during the day. The central bank of India is expected to offer a second drop in straight rate today, according to economists interviewed by Reuters, which will bring its policy rate to 6%.
In the United States, the three major averages have decreased. The industrial average of Dow Jones dropped by 320.01 points, or 0.84%, and closed at 37,645.59, which brought its loss of four days on pricing anxiety to more than 4,500 points. Apple led the losses with the costs of the iPhone manufacturer to increase with new prices in China.
The S&P 500 decreased by 1.57% to end at 4,982.77. The index was a few centimeters from the closure on a lower market, down almost 19% compared to its February record, and it ended the session below 5,000 for the first time since April 2024. In the last four days, the S&P 500 fell by more than 12%.
– HAKYUNG Kim and Sean Conlon of CNBC contributed to this report.
