On Monday, Asia Pacific stocks were mostly down while Wall Street stocks rallied ahead of the U.S. Federal Meeting on Wednesday.
China’s Shenzhen Component and Shanghai Composite Index both plummeted 2.50% or 375.25 points at $14,653.32 and 2.18% or 77.27 points at $3,473.13, respectively.
Likewise, South Korea’s KOSPI also lost 0.53% with a net loss of $17.18 which sent the stocks to the bottom at $3,237.24 per share, respectively.
Moreover, Hong Kong’s Hang Seng Index declined 3.08% with a net decrease of $841.29. This sent the stocks below at $26,480.69 per share.
Meanwhile, in the Tokyo Stock Exchange, the Nikkei 225 climbed 1.24% or $342.81. This sent the stock higher at $27,890.81 per share.
Its best performers include Hitachi Zosen Corp which increased 5.92% or 4.00 points to $7.13 per share.
This was followed by JFE Holdings Inc and Toray Industries Inc which both progressed 5.44% or 67.00 points to $11.77 per share and 5.36% or 36.50 points to $6.50 per share, respectively.
Also, the broader TOPIX Index smashed 1.27% with a net gain of $24.11. This sent the stocks above at $1,928.52 per share.
Consequently, the S&P/ASX of Australia hopped 0.01% with a net increase of $1.00. This sent the stock up at $7,395.40 per share.
It was led by Lynas Rare Earths Ltd, RedBubble Ltd, and Alumina Ltd which all rallied 10.11% to $7.08, 7.42% to $4.20, and 6.48% to $1.73, respectively.
Wall Street Stocks Up
Furthermore, Wall Street stocks were up as NASDAQ Composite Index led the gains by 1.04% with a net addition of $152.39 which sent the stocks above at $14,837 per share.
Its best performer was NanoVibronix Inc which progressed 248.14% or 1.86 points at $2.61 per share.
Also, the benchmark S&P 500 jumped 1.01% with a net increase of $44.31. This sent the stocks up at $4,412 per share.
The coronavirus vaccine maker Moderna Inc was its top performer which advanced 7.84% or 25.35 points at $348.83 per share.
Likewise, the Dow Jones Industrial Average improved 0.68% with a net gain of $238.20. This sent the stocks higher at $35,062 per share.
Visa Inc led its gains by rising 2.00% or 4.88 points to $249.02 per share.