Sydney Building photographed from Cremorne Point.
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Asia-Pacific markets fell on Tuesday, with major indexes closing at record highs as investors remained cautious as U.S. stocks continued their post-election rally.
hong kong hansen index fell 2.76%, while mainland China’s CSI300 index fell 1.1% to end at 4,085.74. Australia’s S&P/ASX 200 index ended 0.13% lower at 8,255.6. Korean Kospi fell 1.94% to close at 2,482.57, while the Kosdaq index fell 2.51% to 710.52.
Japanese Nikkei Stock Average It fell 0.4% to close at 39,376.09. TOPIX closed flat at 2,741.52.
Traders in the Asia-Pacific region also assessed economic data from the region, including a National Australia Bank survey on business conditions and Indonesia’s September retail sales figures.
India will release its consumer price index for October, and oil cartel OPEC will release its monthly oil market report later the same day.
The Dow Jones Industrial Average rose more than 300 points to close at an all-time high on Monday amid a post-election rally.
The Dow Jones Industrial Average rose 304 points (0.69%) across 30 stocks to 44,293.69. This increase took the index above 44,000 for the first time. The S&P 500 rose 0.1% to close at 6,001.35, also a record close. However, the Nasdaq Composite Index remained almost unchanged at 19,298.76, up 0.06%.
Bitcoin rose above $87,000, boosted by expectations for deregulation. Cryptocurrency stocks Coinbase and Mara Holdings rose 20% and 30%, respectively.
—CNBC’s Brian Evans and Alex Harring contributed to this report.
