Global Markets React to Wall Street Losses and US Policy Shifts
TL;DR Summary
Asian shares were mixed following Wall Street's worst loss since Election Day, with U.S. futures slightly higher. Japan's Nikkei fell due to a stronger yen and potential interest rate hikes, while South Korea's Kospi rose on Samsung's share buyback plan. Chinese markets were mixed, and Australia's index edged up. U.S. stocks fell as the 'Trump bump' faded, with biotech stocks hit hard after President-elect Trump considered an anti-vaccine activist for a key health position. Despite recent losses, the S&P 500 remains up 23% for the year.
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