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Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the release of the US Fed's monetary policy announcement later in the day.
The Australian stock market is notably lower on Wednesday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the broadly negative cues from Wall Street overnight, dragged by weakness across most sectors, led by mining and energy stocks amid weaker commodity prices.
Asian stock markets are trading mostly lower on Tuesday, despite the slightly positive cues from Wall Street overnight, as traders seemed reluctant to make significant moves ahead of the US Fed's monetary policy announcement on Wednesday.
The Australian stock market is modestly lower on Tuesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling to a tad above the 7,200 level, despite the slightly positive cues from Wall Street overnight, dragged by weakness in financial and technology stocks, partially offset by gains in gold miners and energy stocks.
The Australian stock market is notably lower on Wednesday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,200 level, following the broadly negative cues from Wall Street overnight, dragged by weakness in mining and technology stocks.