Accessibility links

Breaking News

Asian Markets Reverse Course After Tech Stocks Tumble


People wearing face masks to protect against the coronavirus stand in front of a bank's electronic board showing the Hong Kong share index in Hong Kong, Dec. 10, 2020.
People wearing face masks to protect against the coronavirus stand in front of a bank's electronic board showing the Hong Kong share index in Hong Kong, Dec. 10, 2020.

Asian markets are lower across the board Thursday, due to a selloff in tech stocks and the stalemate in Washington over a new coronavirus relief package.

The Nikkei index in Japan dropped 0.2%. Australia’s S&P/ASX index lost 0.6%. The KOSPI index in South Korea fell 0.3%, and Taiwan’s TSEC index plunged 0.9%.

In late afternoon activity, Hong Kong’s Hang Seng index is down 0.4%, and Mumbai’s Sensex index is 0.7% lower.

Shanghai’s Composite index gained 1.31 points, but is unchanged in percentage terms (0.04%).

In commodities trading, gold is selling at $1,840.60 an ounce, up 0.1%. U.S. crude oil is selling at $45.71 per barrel, up 0.4%, and Brent crude is selling at $45.71 per barrel, up 0.4%.

All three major U.S. indices are mixed in futures trading.

  • 16x9 Image

    VOA News

    The Voice of America provides news and information in more than 40 languages to an estimated weekly audience of over 326 million people. Stories with the VOA News byline are the work of multiple VOA journalists and may contain information from wire service reports.

XS
SM
MD
LG