South Korea’s Kospi lead declines as Asia-Pacific markets open lower
Markets in the Asia-Pacific region were broadly lower early Tuesday, with the Dow Jones Industrial Average breaking ground with Wall Street, which had hit an overnight high.
Korean Kospi The index fell 1.71%, and the small-cap Kosdaq fell 0.72%.
Japan’s Nikkei Stock Average fell slightly, while the Topix rose 0.27%.
australian benchmark S&P/ASX 200 It fell by 0.12%.
Hong Kong’s Hang Seng Index futures last traded at 23,571, below the index’s closing price of 23,616.32.
— Justina Lee
Japan’s Nikkei Stock Average is expected to rise on the back of Wall Street’s rally
Asia-Pacific markets were set to open mixed on Tuesday after Wall Street rose overnight, with the Dow Jones Industrial Average rising 150 points to an initial close above $53,000.
Japan’s Nikkei Stock Average is poised to rise, with Chicago futures trading at 70,350 and Osaka futures at 70,300, from the index’s previous closing price of 69,737.69.
Hong Kong Hang Seng Index futures stood at 23,571, below the index’s closing price of 23,616.32.
Australian S&P/ASX 200 futures traded at 8,813 and the index ended at 8,831.
Tensions in the Middle East have eased, but friction between NATO allies has come into focus as President Donald Trump ramps up pressure over defense spending.
“The goal is for Europe to take over the traditional defense of the continent,” the U.S. ambassador to the alliance told CNBC on Monday.
“We’re not withdrawing, we’re just reducing our activities,” Ambassador Matthew Whitaker said of U.S. involvement in European security and defense ahead of this week’s North Atlantic Treaty Organization (NATO) summit in Ankara, Turkey.
—Justina Lee
SpaceX misses out on NASDAQ 100
space x Shares fell about 1% in extended trading Monday ahead of the stock market entry. Nasdaq-100.
The rocket company will join the concentration index on Tuesday. This is expected to lead to a series of passive purchases by investment trusts that track indexes and exchange-traded funds.
CNBC Pro subscribers can click here to read more about what it means for investors.
— Alex Harring
President Trump says Walmart will cut prices
An employee fills a display case with ground beef at a Walmart Supercenter retail store in North Bergen, New Jersey, on November 21, 2025.
Mike Seeger | Reuters
walmart Stocks fell after the bell on Monday after President Donald Trump insisted retailers would lower their price tags.
“I have just been informed that Walmart, one of America’s largest, best, and smartest retailers, will be significantly lowering its prices in response to my administration’s request to celebrate our great nation’s 250th anniversary,” Trump wrote on Truth Social in an afternoon post.
President Trump said Walmart would cut prices on ground meat, among other things, by “almost 15%.” Other products will also be reduced in price, he said.
“Walmart is stepping up in big, bold ways, and other retailers should follow this absolute patriot’s lead,” Trump wrote.
Walmart shares fell about 1% in Monday trading, marking the seventh day of declines in the past eight days. The stock price is slightly less than flat year-over-year.
— Alex Harring
Vertex stock falls on news that company will acquire Crinetics
shares of vertex pharmaceuticals It fell more than 2% on news that the company would be acquired. criticism.
Vertex announced that it has entered into an agreement to acquire Crinetics for $85 per share in cash, valuing the acquisition at approximately $10 billion.
The acquisition is expected to close in the third quarter of 2026.
Crinetics stock nearly doubled in after-hours trading.
—Dara Mercado
Stock futures little changed
Futures tracking the Dow, S&P 500 and Nadaq-100 were all trading nearly flat after 6pm ET.
— Alex Harring
