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Overnight Markets: Wall Street falls on Italian election

by Himanshu Singh on Feb 26, 2013 at 03:05

In Asia, most stocks declined on Tuesday on concern Italy’s election results may reignite Europe’s debt crisis.

The MSCI Asia Pacific Index was little changed at 134 as of 11:44 a.m. in Tokyo. Japan’s Nikkei 225 Stock Average dropped 1.4%. Australia’s S&P/ASX 200 Index slid 0.6% and New Zealand’s NZX 50 added 0.2%. South Korea’s Kospi Index fell 0.3%.

Hong Kong’s Hang Seng Index dropped 0.5% and the Shanghai Composite Index rose 0.2%.

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