홍콩 (CNN 사업)Asian stocks tumbled Tuesday, 후에 dramatically volatile day on Wall Street fueled by concerns over the US Federal Reserve’s plans to hike interest rates and tensions in Ukraine.
Markets in Asia Pacific fell sharply during morning trade, with Australia’s S&P/ASX 200 and Japan’s benchmark Nikkei (N225) sliding 2.9% 과 1.9%, 각기. South Korea’s Kospi (KOSPI) 떨어졌다 2.3%.
Chinese markets were more muted, with the benchmark Shanghai Composite (SHCOMP) Index down 0.7%. Hong Kong’s Hang Seng Index (HSI) 되다 1.6%.
The dip in Asian markets comes after Europe saw a substantial selloff on Monday over escalating fears about the possibility of a Russian invasion of Ukraine. 프랑스 CAC 40 (CAC40) and Germany’s DAX (DAX) plunged as much as 4% 과 3.8%, 각기, while London’s FTSE 100 (UKX) tumbled 2.6%.
그 동안에, US stocks seesawed dramatically as investors tried to make sense of a multitude of issues, from geopolitical tensions to an upcoming Fed meeting to earnings season. The ongoing fear of inflation also persists.
At the low point of the session, the market was on track for its worst day since October 2020, with the Dow down more than 1,000 포인트들.
But with just minutes to go before close, the major indexes reversed course and turned green. 그만큼 Dow (INDU) finished 0.3%, 또는 99 포인트들, 더 높은.
하나, US futures pointed down overnight on Tuesday, with Dow futures, 에스&피 500 futures, and Nasdaq futures tracking 0.8%, 1.2% 과 1.7% lower, 각기.
A lot to digest
Investors have a lot on their plate this week.
Traders are anxiously watching the situation in Ukraine as fears mount that the country could be invaded by Russia.
The news that the United States and United Kingdom are withdrawing some staff from the local embassies has led to fears over an escalation of the situation, according to Michael Hewson, chief market analyst at CMC Markets.
“That’s really given European markets a really hard nudge lower,” 그 told CNN Business.
미국에서, “stocks tried to claw their way back from a massive Monday liquidation that stemmed from rising fears of aggressive Fed tightening and on fears of Russian invasion of Ukraine,” said Edward Moya, senior market analyst of the Americas at Oanda.
He noted in a report to clients on Monday that the mood had also spread to the oil market, 같이 “uncertainty over coordinated efforts by Russia with Ukraine and China with Taiwan could lead to added risk aversion selling days in the coming weeks.”
Brent crude, the global benchmark, was up 0.7% on Tuesday to $ 86.89 배럴.
Investors are also on guard over earnings season, which has moved on to Big Tech, 포함 마이크로 소프트 (MSFT), IBM (IBM), Intel (INTC) 과 사과 (AAPL) 이번 주.
Then there is the Fed meeting, concluding with Wednesday’s policy statement and subsequent press conference.
Uncertainty around the Fed’s plans just drove Wall Street to its worst week since the start of the pandemic.
— CNN Business’ Anneken Tappe and Julia Horowitz contributed to this report.
