Asian Market Update
Asian markets slipped on Tuesday following the previous day's healthy gains, while the euro struggled against the dollar as Greece plunged back into crisis, rekindling fears of a possible exit from the eurozone.
With investors winding down for the end of the year, Wall Street provided a mixed lead, although the S&P 500 topped out at a new record high.
Oil prices ticked up slightly but remain stuck near five-year troughs as ongoing worries about oversupply combine with concerns over the global economic outlook.
Tokyo fell 0.17 per cent, Hong Kong lost 0.19 per cent, Sydney shed 0.50 per cent, and Seoul eased 0.36 per cent and Shanghai gave up 0.41 per cent.
With investors winding down for the end of the year, Wall Street provided a mixed lead, although the S&P 500 topped out at a new record high.
Oil prices ticked up slightly but remain stuck near five-year troughs as ongoing worries about oversupply combine with concerns over the global economic outlook.
Tokyo fell 0.17 per cent, Hong Kong lost 0.19 per cent, Sydney shed 0.50 per cent, and Seoul eased 0.36 per cent and Shanghai gave up 0.41 per cent.
U.S. stocks: Futures fall, with Dow at risk of losing 18,000
U.S. stock futures were pointing to a lower and quieter start on Wall Street Monday, with the Dow Jones Industrial Average at risk of losing its grip on the 18,000 handle it reached last week.
Futures for the Dow industrials DJH5, -0.26% lost 27 points, or 0.2%, to 17,985, setting it on track to break a seven-day winning streak.
Futures for the S&P 500 index SPH5, -0.20% slipped 2.60 points, or 0.1%, while those for the Nasdaq 100 index NDH5, -0.12% slipped 2.50 points, or 0.1%, to 4,307.75.
Futures for the Dow industrials DJH5, -0.26% lost 27 points, or 0.2%, to 17,985, setting it on track to break a seven-day winning streak.
Futures for the S&P 500 index SPH5, -0.20% slipped 2.60 points, or 0.1%, while those for the Nasdaq 100 index NDH5, -0.12% slipped 2.50 points, or 0.1%, to 4,307.75.
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