Asian markets in red on Wall St sell-off and rising yields;RBA hikes
Asian stock exchanges experienced a downward trend during Tuesday's trading session, mirroring a previous decline seen on Wall Street. This regional slump comes as investors grapple with the dual pressures of climbing United States Treasury yields and energy costs that remain stubbornly high. The broader market sentiment has been dampened by these factors, leading to a cautious approach across major Asian trading hubs as participants evaluate the global economic landscape and the potential for further monetary tightening.
Wall Street Sell-off and US Futures
The negative momentum from the American markets has carried over into the early hours of the Asian session. United States equity futures indicated that the selling pressure might persist into the next New York session. Specifically, futures for the tech-heavy Nasdaq 100 saw a decrease of 0.43 percent
Source: seekingalpha.com · 2026-09-29