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# Asian markets mixed after tech selloff on Wall Street

#
Asian markets mixed after tech selloff on Wall Street

Nikkei rises, Hang Seng slips as oil prices slip after Wednesday’s rally

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

Japan’s Nikkei 225
NIK,
+1.16%
gained 0.9% while Hong Kong’s Hang Seng index
HSI,
+0.19%
slipped 0.1%. The Shanghai Composite
SHCOMP,
+0.20%
was flat. South Korea’s Kospi
180721,
+0.23%
edged 0.2% higher, and Australia’s S&P/ASX 200
XJO,
-0.06%
inched up 0.1%. Stocks dipped in Indonesia
JAKIDX,
-0.94%
but advanced slightly in Singapore
STI,
+0.34%
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,
-1.77%
 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,
-1.44%,
 the global standard, fell to $63.46 per barrel in London after a similar 6% rally Wednesday.

The dollar 
USDJPY,
+0.19%
rose to 108.91 yen.

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