The momentum successful Japan markets were mostly driven by the country's exertion and fiscal sector.
Doctoregg | Moment | Getty Images
Asia-Pacific banal markets were acceptable to unfastened little Wednesday, tracking losses connected Wall Street arsenic the U.S. postelection rally stalled overnight.
Asian traders volition measure Japanese firm goods data, acceptable for merchandise aboriginal successful the day. Economists polled by Reuters expect firm goods prices to person risen by an mean of 3% for the period of October compared to past year, up from 2.8% successful September.
Japan's Nikkei 225 futures pointed to a little unfastened for the market, with the futures declaration successful Chicago astatine 39,230 and its counterpart successful Osaka astatine 39,250 compared to the erstwhile adjacent of 39,376.09.
Australia's S&P/ASX 200 fell 1.2% astatine open.
Hong Kong Hang Seng index futures were astatine 19,631, little than the HSI's past adjacent of 19,846.88.
Overnight successful the U.S., stocks fell with some the tech-heavy Nasdaq and the S&P 500 snapping five-day triumph streaks.
The Dow Jones Industrial Average dropped 382.15 points, oregon 0.86%, to 43,910.98, portion the S&P 500 fell 0.29% to adjacent astatine 5,983.99. The Nasdaq Composite ended the league marginally little astatine 19,281.40.
Small-cap stocks, perceived arsenic imaginable beneficiaries of Donald Trump's instrumentality arsenic U.S. president, were mostly nether pressure, with the Russell 2000 sliding astir 1.8%.
— CNBC's Brian Evans and Alex Harring contributed to this report.
CNBC Pro: Morgan Stanley money manager picks stocks to play Trump's win
U.S. President-elect Donald Trump's predetermination triumph has sent daze waves done the banal marketplace and near investors scrambling to enactment retired which sectors — and stocks — are acceptable to benefit.
Aaron Dunn, portfolio manager astatine Morgan Stanley's U.S. Value Fund, noted the "great woody of volatility" successful markets pursuing the predetermination result, arsenic markets reprice "what had been a 50/50 election."
Speaking to CNBC's "Squawk Box Asia" connected Tuesday, Dunn, who's besides co-head of worth equity astatine Morgan Stanley, identified 3 stocks helium is betting connected pursuing the predetermination result.
CNBC Pro subscribers tin work much here.
— Amala Balakrishner
Stocks adjacent lower, postelection ascent exhales
Stocks closed little connected Tuesday, arsenic Wall Street pauses from a postelection rally.
The S&P 500 slipped 0.29% to adjacent astatine 5,983.99, portion the Nasdaq Composite fell 0.09% to 19,281.40. The Dow Jones Industrial Average pulled backmost 382.15 points, oregon 0.86%, to decorativeness the league astatine 43,910.98.
— Brian Evans
Three quarters of each NYSE stocks are falling Tuesday; 63% of Nasdaq successful retreat
Roughly 3 quarters of each the stocks connected the New York Stock Exchange are down successful terms Tuesday (2,090 retired of 2,824 traded), portion connected the Nasdaq the percent of declining stocks is astir 63% (2,770 retired of 4,388), according to FactSet data.
Measured by stock volume, decliners connected the NYSE relationship for immoderate 71% of the full portion connected the Nasdaq, losers relationship for astir 59.5% of each shares changing hands.
Still, due to the fact that of the banal market's caller march to all-time highs by astir measures, the fig of caller 52-week highs reached 177 connected the NYSE vs 66 caller 52-week lows. On the Nasdaq, caller highs topped caller lows by 257 to 141.
Total composite measurement was acold lighter than accustomed Tuesday connected the NYSE, reaching astir 70% of the past 30 days' mean successful precocious time trading, against much than 95% of the mean connected Nasdaq.
— Scott Schnipper
Small caps propulsion backmost pursuing postelection rally
Small-cap stocks took an outsized deed connected Tuesday aft moving up successful a postelection rally.
The tiny cap-focused Russell 2000 slipped 1.4% during the session. That enactment the scale connected way to springiness up astir each of its summation seen successful the erstwhile day.
By comparison, the wide S&P 500 slipped conscionable astir 0.1% successful Tuesday trading.
Russell 2000 vs. S&P 500, 1-day
Small-cap stocks person been viewed arsenic winners during a 2nd Donald Trump term due to the fact that they tin payment from little regulation. Notably, the Russell 2000 is up astir 6% compared with 1 week ago.
— Alex Harring
'Unwind risks' for stocks are rising, Citi says
The postelection excitement for investors whitethorn beryllium mounting up the marketplace for a short-term pullback, according to Citi.
The concern firm's quantitative probe squad said successful a enactment to clients that the existent positioning successful the banal marketplace is "extended" and that "unwind risks are gathering for some the S&P 500 and Russell 2000."
"S&P positioning is presently astatine the highest level witnessed successful the past 3 years, with positioning levels besides extended crossed Nasdaq and Russell 2000. Profits are elevated for some S&P and Russell and this could pb to near-term profit-taking which whitethorn bounds further upside," the enactment said.
— Jesse Pound
Dollar rises against large currencies
The dollar scale gained 0.4% Tuesday to 105.95. Month to date, the dollar has strengthened 1.9% against the handbasket of six large currencies.
The greenback roseate 0.5% against the Japanese yen to 154.5 yen. This marked the yen's weakest level against the dollar since July 2024.
Dollar scale successful 2024
— Hakyung Kim
English (US)