Asian markets were mixed Thursday, after tech stocks sold off on Wall Street.
Japan’s Nikkei 225 NIK, +1.14% gained 0.9% while Hong Kong’s Hang Seng index HSI, +0.14% slipped 0.1%. The Shanghai Composite SHCOMP, -0.10% was flat. South Korea’s Kospi 180721, +0.40% edged 0.2% higher, and Australia’s S&P/ASX 200 XJO, +0.17% inched up 0.1%. Stocks dipped in Indonesia JAKIDX, -1.26% but advanced slightly in Singapore STI, +0.27% and Taiwan Y9999, +0.17%.
U.S. stocks closed lower Wednesday. The Dow Jones Industrial Average DJIA, -0.01% closed 3 points lower at 32,420.06, after tumbling roughly 370 points from the session high. The S&P 500 index SPX, -0.55% fell 21.38 points, or 0.6%, ending at 3,889.14. The tech-heavy Nasdaq Composite COMP, -2.01% shed 265.81 points to finish at 12,961.89, a decline of 2%.
In energy markets, benchmark U.S. crude CLK21, -1.32% retreated to $ 60.09 per barrel in electronic trading on the New York Mercantile Exchange, after rallying 6% Wednesday on news a giant container ship was stuck in the Suez Canal, backing up shipping traffic, including oil and gas shipments.
Brent crude BRNK21, -1.04%, the global standard, fell to $ 63.46 per barrel in London after a similar 6% rally Wednesday.
The dollar USDJPY, +0.22% rose to 108.91 yen.