Asian stock markets are mostly lower on Wednesday in choppy trading, with some of the markets giving back early gains as investors tracked the overnight losses on Wall Street following a negative reaction to corporate earnings results and as crude oil prices tumbled to two-month lows.
The Australian market slipped after edging higher in early trade after U.S. stocks staged a recovery attempt overnight. Gains by banks and gold miners are being offset by weakness in mining and oil stocks after crude oil prices tumbled to two-month lows.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com