Asian markets were mixed Thursday

Asian markets were mixed Thursday, after tech stocks sold off on Wall Street.

Japan’s Nikkei 225 NIK, 1.27% gained 0.9% while Hong Kong’s Hang Seng index HSI, -0.06% slipped 0.1%. The Shanghai Composite SHCOMP, -0.01% was flat. South Korea’s Kospi 180721, 0.19% edged 0.2% higher, and Australia’s S&P/ASX 200 XJO, +0.17% inched up 0.1%. Stocks dipped in Indonesia JAKIDX, -0.94% but advanced slightly in Singapore STI, 0.37% and Taiwan Y9999, +0.17%.

U.S. stocks closed lower Wednesday. The Dow Jones Industrial Average DJIA, -0.01% closed 3 points lower at 32,420.06, after tumbling roughly 370 points from the session high. The S&P 500 index SPX, -0.55% fell 21.38 points, or 0.6%, ending at 3,889.14. The tech-heavy Nasdaq Composite COMP, -2.01% shed 265.81 points to finish at 12,961.89, a decline of 2%.

In energy markets, benchmark U.S. crude CLK21, -2.24% retreated to $60.09 per barrel in electronic trading on the New York Mercantile Exchange, after rallying 6% Wednesday on news a giant container ship was stuck in the Suez Canal, backing up shipping traffic, including oil and gas shipments.

Brent crude BRNK21, -2.00%, the global standard, fell to $63.46 per barrel in London after a similar 6% rally Wednesday.

The dollar USDJPY, 0.21% rose to 108.91 yen.

source:marketwatch.com