Asia-Pacific markets set to open mixed after Trump's tariffs on Indonesia
Indonesia's central bank is set to release its policy decision later in the day.
Here is a live snapshot of how markets are faring:
Good morning from Singapore and happy mid-week. Asia markets are poised to open mixed. Japan's benchmark Nikkei 225 was set to open marginally lower, with the futures contract in Chicago at 39,660 while its counterpart in Osaka last traded at 39,600, against the index's last close at 39,678.02.
Australia's S&P/ASX 200 was also set to start the day lower with futures tied to the benchmark at 8,545, compared with its last close of 8,630.3.
Futures for Hong Kong's Hang Seng index, however, stood at 24,622, pointing to a stronger open compared to the HSI's last close of 24,590.12.
Investors will be keeping an eye on Indonesian stocks after U.S. President Donald Trump on Tuesday said that he has reached a preliminary trade deal with Indonesia, which will impose a 19% tariff on the Southeast Asian country's U.S. exports.
— Lee Ying Shan
Stock futures were little changed on Tuesday evening, with investors awaiting fresh corporate earnings and inflation data.
Futures tied to the Dow Jones Industrial Average pulled back 47 points, or 0.1%, while S&P 500 futures dipped 0.1%. Nasdaq 100 futures slipped 0.1%.
— Brian Evans
The S&P 500 dropped 0.4% on Tuesday to close at 6,243.76. The Dow Jones Industrial Average lost 436.36 points, or 0.98%, ending at 44,023.29.
The tech-heavy Nasdaq Composite was the only bright spot in Tuesday's market. The Nasdaq rose 0.18% to settle the session at 20,677.80.
— Pia Singh
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