Asian stocks mostly fell on Thursday after another round of Wall Street sales and investor concerns about a trade war.
The Nikkei 225 reference index of Japan
It fell almost 0.9% in the morning trade. S & P / ASX 200 from Australia
fell 0.7%, while Kospi from South Korea
180721, + 0.77%
It rose 0.2%. Hang Seng of Hong Kong
fell 0.6%, while the Shanghai Composite
lost 0.8%. Stocks rose in Taiwan
Y9999, + 0.79%
but it fell in Singapore
Among the individual shares, SoftBank Group
and fast retail
It fell in the Tokyo trade, like Nintendo.
. In Hong Kong, Sunny Optical
fell, along with CSPC Pharmaceutical
005930, + 1.79%
and LG Electronics
066570, + 1.82%
He advanced in South Korea. Giant miners BHP
and rio red
decreased in Australia, like Beach Energy
The latest market crash comes as investors worry that the US-China trade war will derail global economic growth and corporate profits as it continues without signs of resolution.
"Cracks in global equity markets threatened to widen further as the relentless buying of sovereign bonds overnight pushed even lower key yields and sent recession fears through stocks," said Jeffrey Halley, badyst senior market in Oanda.
"Asia is unlikely to feel much relief, either with the Nikkei 225 and the ASX 200 dropped."
On Wall Street, overnight, the S & P 500 index.
They fell 19.37 points, or 0.7%, to 2,783.02. The index had fallen 1.3% before. The Dow Jones Industrial Average
he lost 221.36 points, or 0.9%, to 25,126.41. It had dropped 409 points. The Nasdaq compound
slipped 60.04 points, or 0.8%, to 7,547.31.
With two more trading days left in May, the S & P 500 is headed for a 5.5% loss. That would be his first monthly loss since December. The market has been steadily shrinking this month, as prospects for the economy have weakened and traders became more concerned about the persistent trade dispute between Washington and Beijing.
In early May, the United States and China concluded their 11th round of trade negotiations without agreement. The United States then more than doubled taxes on $ 200 billion in Chinese imports, and China responded by raising its own tariffs.
Reference point of the United States crude oil.
CLN19, + 0.99%
added 29 cents to $ 59.10 It was down 0.6% to settle at $ 58.81 a barrel on Wednesday. Raw Brent
BRNN19, + 0.66%
, the international standard, won 15 cents at $ 68.02 per barrel.
USDJPY, + 0.16%
It rose to 109.54 Japanese yen from 109.31 yen on Wednesday.