Asian stock markets are moving in different directions on fears of an escalation of the war in Ukraine

by times news cr

Asian stock indexes were mixed ‍in today’s trade, despite gains on Wall Street, under pressure from fears that the war in Ukraine could escalate after the United ⁤States authorized strikes on ⁣Russian territory​ with American-made long-range ​missiles, the Associated Press reported.

Japan’s ⁣Nikkei 225 fell 0.2 percent to 38,352.34, ‍but South Korea’s Kospi rose 0.4 percent to 2,482.29 and Australia’s S&P/ASX dipped 0.6 percent to 8,326 ,30 points.

In currency markets, the US dollar rose to ¥155.47 from ¥154.54 yesterday,⁤ and the euro fell to $1.0588 from ¥1.0598 ⁣yesterday.

The Dow Jones industrial​ average lost 120.66 points, or 0.28 percent,​ to 43,268.94.

The broader Standard & Poor’s 500, however, rose⁢ 23.36⁢ points, or 0.40⁣ percent, to 5,916.98.

The high-tech Nasdaq rose⁤ 195.66 points, or 1.04 ⁤percent, to 18,987.47.

Futures for today are going up.

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