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The shares fell for a second day when investors were concerned about the health of the global economy in the middle of the unpredictable tariff regime of President Donald Trump and the fear of slowing down the United States.
The Chinese, Japanese and Australian stock markets fell on Tuesday. Japan’s topix and exporter-oriented Nikkei 225 index of 1.5 and 1 percent. South Korea’s Kospi fell by 1.1 percent and Australia S&P/ASX 200 by 0.9 percent.
On Monday the US market saw considerable falls with the Nasdaq Composite 4 percent down -His worst day in two and a half years -while the S&P 500 index fell by 2.7 percent of the fear of the economic effects of Trump’s global trade war.
“The entire story of us has changed. Europe is up, the USA is below. China has expired, ”said Wei Li, head of multi-asset investment at BNP Paribas China, with regard to signs of an end to the US stock market outperformance.
The Chinese and Hong Kong shares went back sharply in early trade, but later the losses lost. The CSI 300 index decreased by 0.6 percent, while Hong Kong’s Hang Seng index gave up 1 percent.
Technology and industrial companies led the falls in Asia, with the Taiwan contract manufacturers TSMC and Foxconn decreased by 2.7 percent and 2 percent. The Samsung Heavy Industries in Korea retired by 2.4 percent, while the Japanese hip -make manufacturer disco fell 0.3 percent.
“It was a massive risk (session) in the USA,” said Tommie Fang, head of the China Global Markets at UBS. The effects on the Chinese markets would be reduced by local investor money that was waiting for the possibilities to buy the dips, he added.
“It will be a volatile market worldwide this year, with Trump and (Presidential Advisor Elon Musks) Daily News, the headlines,” added Fang.
The Futures markets pointed out to a low recovery in the United States and in Europe. Contracts pursued the S&P 500 by 0.2 percent, while those for the Stoxx Europe 600 by 0.1 percent and the DAX headed 0.3 percent.
Other analysts found that US Tech shares were gathered hard last year and some investors prompted to make profit.
“The entire (US) tech sector has risen so much since last April, even if the correction is still a lot gathered now,” said Wee Khoon Chong, a strategist for senior markets at BNY.
“People are worried that this will be a breakdown, but I don’t think so,” he added.
He added the increasing attractiveness of Chinese technology companies after surprising advances in artificial intelligence through start-up deepseek to re-evaluate the high ratings of US technology companies.
“If you have a new, better option, people adapt, the reviews adapt,” said Chong.
Investors stacked in US state bonds on Tuesday, with the returns for two years and 10-year bonds by 0.04 percentage points or 0.08 percentage points.
The US dollar was flat compared to a basket with six trading partners and has dropped by 4.6 percent since the beginning of the year. The Japanese yen gathered before he said the profits to $ 147.3 yen per dollar, and the Swiss franc rose 0.1 percent to SFR0.88.
The oil was flat, with Brent Futures, the international benchmark, which acted at $ 69.35 per barrel. The prices decreased by 1.5 percent on Monday during the US meeting, which had increasing uncertainty about global demand.
Gold rose by 0.2 percent to 2895 US dollars per Troy Ounce.
