Low space presumption of gangly buildings successful Tokyo, Japan, showcasing divers architectural styles
George Pachantouris | Moment | Getty Images
Asia-Pacific markets mostly fell Wednesday, tracking Wall Street losses aft a sell-off successful U.S. exertion stocks weighed connected sentiment.
Japan's Nikkei 225 mislaid 1.2%, portion the Topix declined 0.39%. Australia's S&P/ASX 200 declined 0.22%.
South Korea's Kospi precocious 0.4%, portion the small-cap Kosdaq added 1.01%.
Shares of Nintendo fell 8%, contempt maintaining its full-year Switch 2 income forecast, arsenic investors assessed respective imaginable headwinds for the gaming giant, including whether the institution volition beryllium impacted by an unprecedented surge successful representation prices — a cardinal constituent successful its consoles.
Hong Kong Hang Seng index futures were astatine 26,590, little than the benchmark's past adjacent of 26,834.77.
Overnight successful the U.S., the S&P 500 pulled backmost arsenic investors dumped exertion stocks and moved into shares much broadly linked to improvements successful the economy.
The wide marketplace scale fell 0.84% and closed astatine 6,917.81. The Dow Jones Industrial Average dipped 166.67 points, oregon 0.34%, to extremity astatine 49,240.99. Earlier, the 30-stock scale roseate arsenic overmuch arsenic 0.5% to interaction 49,653.13, a caller record. The Nasdaq Composite shed 1.43%, settling astatine 23,255.19.
Most tech shares were successful the red, including astir of the "Magnificent Seven" names that person reported net truthful acold — Microsoft and Meta Platforms were some down much than 2%, while Apple was marginally lower. Nvidia also slumped, with the artificial quality bellwether's astir 3% driblet adding to its losses for the year. Meanwhile, bundle stocks continued their 2026 tumble, with shares of ServiceNow and Salesforce falling by astir 7% each.
— CNBC's Arjun Kharpal, Sean Conlon and Pia Singh contributed to this report.
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