stocks fall; Singapore, Malaysia Inflation

An electronic board displays stock information at the Australian Securities Exchange operated by ASX Limited in Sydney, Australia on Tuesday, February 6, 2018.

Brandon Thorne | Bloomberg via Getty Images

Asia-Pacific shares fell on Friday as investors continued to weigh the Federal Reserve’s dovish stance.

In Australia, the S&P/ASX 200 It fell 2.28% in return to trade after Thursday’s holiday. of South Korea Cosby It fell 1.82% and Costco lost 2.49%.

of Hong Kong Hang Seng Index 0.85% lost. Mainland China stocks were also lower Shanghai Mix 1.08% fall and the Shenzhen component 1.769% lost.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.42%. Japanese markets were closed on Friday, a holiday.

Elsewhere in Asia, inflation in Malaysia for August was in line with expectations at 4.7%. Singapore is also due to report consumer price index data for August.

Overnight on Wall StreetStocks fell for a third straight day on recession fears following the central bank’s recent 75-basis-point rate hike.

The S&P 500 fell 0.8% to 3,757.99, while the Nasdaq Composite lost 1.4% to 11,066.81. The Dow Jones industrial average was down 107.10 points, or 0.3%, at 30,076.68.

— CNBC’s Samantha Subin and Sarah Min contributed to this report.

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