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Asia Pacific stocks fall as investors look at tech stocks. HSBC’s future earnings

Singapore — In a trade on Tuesday morning, Asia-Pacific stocks fell as investors monitored tech stocks locally after a counterpart fell overnight on Wall Street.

South Korea’s Kospi fell 0.66% in early trading. In Australia S & P / ASX 200 I shed 0.21%.

MSCI’s widest non-Japanese Asia-Pacific stock index fell 0.06%.

In terms of profitability HSBC We plan to report on our full-year results on Tuesday.Reuters quoted a source on the issue on Monday, HSBC Will withdraw from US retail banking..

The Japanese market is closed on Tuesdays as a holiday.

Watch technology share

South Korean tech stocks fell in trading Tuesday morning, LG Electronics fell more than 4%, and Samsung Electronics fell about 1%.

The move came after the state’s tech stocks fell overnight. Nasdaq Composite Index Big Tech stocks fell 2.46% and closed at 13,533.05 Apple, Amazon And Microsoft Everything is down at least 2%.

The· S & P 500 Trading days on Wall Street closed at 3,876.50, down 0.8%.The· Dow Jones Industrial Average The overall trend rose 27.37 points and closed at 31,521.69.

currency

The· USD indexTracking the dollar against a basket of peers was 90.01 after dropping from a level above 90.4.

The· JPY It traded at 104.98 per dollar, stronger than the level above 105.6 against the dollar seen yesterday.The· Australian dollar It changed hands at $ 0.7915, holding most of the profits after soaring from around $ 0.777 at the end of last week.

Asia Pacific stocks fall as investors look at tech stocks. HSBC’s future earnings

Source link Asia Pacific stocks fall as investors look at tech stocks. HSBC’s future earnings

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