SHENZHEN, CHINA - AUGUST 26: An aerial presumption of the Shenzhen skyline connected August 26, 2020 successful Shenzhen, Guangdong Province of China. (Photo by He Shaoping/VCG via Getty Images)
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Asia-Pacific markets were acceptable to unfastened little Thursday aft Wall Street closed successful the reddish connected increasing geopolitical tensions and comments from U.S. President Donald Trump.
U.S. defence stocks fell aft the president said helium "will not permit" defence companies to contented dividends oregon banal buybacks until they code his complaints astir the industry, including enforcement wage packages and accumulation issues.
Oil prices also dropped overnight aft Trump said that Venezuela's interim authorities would turn implicit arsenic overmuch arsenic 50 cardinal barrels of crude to the U.S., raising concerns astir an summation successful planetary supply.
Brent crude futures fell 0.51% to $60.39 a barrel, portion the U.S. West Texas Intermediate crude added 0.61% to $56.33 per barrel, arsenic of 7.30 a.m. Singapore clip (Wednesday 6.30 p.m. EST).
Japan's benchmark Nikkei 225 scale was acceptable for a little open, with its futures declaration successful Chicago trading astatine 51,935, and its counterpart successful Osaka astatine 51,850, against the index's past adjacent of 51,961.98.
Australia's ASX/S&P 200 was flat. Shares of BlueScope Steel fell 2.54% aboriginal Thursday, aft the institution rejected a $9 cardinal takeover bid from Australian conglomerate SGH and U.S.-based Steel Dynamics.
Hong Kong's Hang Seng Index was acceptable to unfastened lower, with its futures declaration trading astatine 26,348, against the index's erstwhile adjacent of 26,458.95.
U.S. equity futures were small changed successful aboriginal Asian hours, aft the S&P 500 and the Dow Jones Industrial Average snapped a three-day winning streak.
Overnight, the wide marketplace scale shed astir 0.3% portion the Dow fell 466 points, oregon astir 0.9%.
The tech-heavy Nasdaq Composite gained astir 0.2%, aided by a 2.4% leap successful Google parent Alphabet that led the company's marketplace headdress to surpass Apple's for the archetypal time since 2019.
— CNBC's Pia Singh and Sean Conlon contributed to this report.
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