Japan Exchange Group Inc. on Monday, November 30, 2020, in Tokyo, Japan. (JPX) Onlookers stand in front of an electronic ticker at the Tokyo Stock Exchange (TSE).
Toru Hanoi | Bloomberg via Getty Images
Asia-Pacific shares were mixed on Tuesday after a sharp fall on Monday.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.29%. China’s industrial profits from January to August fell 2.1% from the same period a year ago, according to official data.
Overnight in the US, major stock indexes fell. The S&P 500 fell 1.03% to 3,655.04, a new closing low for 2022. The Dow Jones Industrial Average lost 329.60 points, or 1.11%, to 29,260.81 in a bear market. The Nasdaq composite was down 0.6% at 10,802.92.
“Selling in bonds and stocks continued as sterling’s weakness highlighted markets’ vulnerability to policy uncertainty,” ANZ Research analysts wrote in a Tuesday note. pound A low achievement was achieved.
— CNBC’s Sarah Min and Tanaya Machill contributed to this report.