Skip to Content
Market Update

Asian Markets Trade Weak on U.S. Budget Deal Stalemate

Asian markets were trading weak Wednesday tracking losses on Wall Street overnight on reports talks between U.S. lawmakers to agree a budget deal and raise the debt limit had stalled.

The Nikkei edged up 0.1%. The Shanghai Composite fell 1.3% while the Hang Seng was down 0.4%. The Sensex was shut for a holiday while the S&P/ASX All Ordinaries was up 0.2%.