The S&P 500 closed down and the Nasdaq snapped a 10-session winning streak on Wednesday as investors took profits in Apple shares, while the Dow eked out another record high close.
The S&P 500 closed down and the Nasdaq snapped a 10-session winning streak on Wednesday as investors took profits in Apple shares, while the Dow eked out another record high close.
China’s stock market opened down 0.7 percent, adding to a 0.5 percent decline in the previous session. The Shanghai Composite index resumed trade on Wednesday after being shut for the week-long Lunar New Year holiday.
In Hong Kong, the Hang Seng index slipped 0.2 percent, with gaming stocks remaining in the doldrum. Melco Crown fell 3 percent, while Sands China and Galaxy Entertainment plunged 1 percent, due to news that the Macau government plans to impose a limit to the number of mainland tourists that visit the city.
South Korea’s Kospi index edged down modestly in early trade, failing to move off a near three-month high clinched on Wednesday.
Across Asia, corporate earnings will be the key theme, with Singapore-listed commodities trader Noble Group and Malaysian budget carrier AirAsia taking the spotlight.
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