Asia-Pacific markets set for mixed open after U.S. tech sell-off

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Investors in Asia will assess South Korea’s consumer sentiment index for June, as well as Japan’s service sector producer prices.

Asia-Pacific markets are set to open mixed on Tuesday, after U.S. Big Tech stocks sold off in favor of other sectors such as banking and energy.Investors in Asia will assess South Korea's consumer sentiment index for June, as well as Japan's service sector producer prices.

Asia-Pacific markets are set to open mixed on Tuesday, after U.S. Big Tech stocks sold off in favor of other sectors such as banking and energy.dropped 6.68% on Monday and was one of the biggest contributors to the Nasdaq's losses. Information technology was the S&P 500's biggest declining sector for the day, falling more than 2%.Consumer confidence in South Korea increased in June, with the index rising to 100.9, as compared to 98.4 in May.

Source: Financial Digest (financialdigest.net)

 

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