Stock Market Live Updates 5th April 2024: Wall Street’s late reversal sparks unease in Asian markets

Sensex, Nifty, Share Prices LIVE: Asian markets opened lower on Friday following declines on Wall Street, with investors closely watching US jobs data due later in the day. A sharp reversal on Wall Street on Thursday, triggered by remarks from a US Fed official suggesting no rate cuts this year, is dampening sentiment across Asia. In early trade, Japan’s Nikkei 225 index was down 1.86% or 738.31 points at 39,036.87, while the broader Topix index slipped 1.22% or 33.22 points to 2,698.78. South Korea’s KOSPI also traded weaker, falling 0.48% or 13.03 points to 2,728.97. Australia’s S&P/ASX 200 index dropped 0.525% or 40.50 points to 7,776.80. Overnight, the Dow Jones Industrial Average fell 530.16 points or 1.35% to 38,596.98, the S&P 500 lost 64.28 points or 1.23% to 5,147.21, and the Nasdaq Composite dropped 228.38 points or 1.4% to 16,049.08.

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