Asian Shares Mixed after U.S. Wall Street Falls Overnight ahead of Inflation Report

Shares in Asian markets opened mixed on Tuesday with Japan’s Nikkei index led losses after the US Wall Street fell overnight. 

As of 09.26 hrs. local time in Thailand, the Nikkei 225 in Japan slipped 1.69%, while Hong Kong’s Hang Seng index dropped 0.64% and the Hang Seng Tech index lost 1.12% in morning trade.

South Korea’s Kospi shed 0.60%. 

The Mainland China market’s Shanghai Composite was 0.04% lower.

Meanwhile, S&P/ASX 200 in Australia gained 0.24%

Tuesday is quiet on the data front, but investors will look ahead to this week’s U.S. inflation report and China GDP report. In addition, the Bank of Korea will hold a meeting this week as well.

In the U.S., the major indices all finished down as earnings season approached and investors sold off.

The Dow Jones Industrial Average ended the day down 164.31 points, or 0.52%, at 31,173.84. The S&P 500 index fell 1.15%, closing at 3,854.43, while the Nasdaq composite index lost 2.26%, ending at 11,372.60.