Asian markets traded lower on Tuesday, following overnight losses on Wall Street after US President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell.

Japan’s Nikkei 225 was flat and the Topix rose 0.08%. South Korea’s Kospi fell 0.34% and the small-cap Kosdaq was marginally lower.

Hong Kong’s Hang Seng index futures indicated a slightly weaker opening.

US Stock Market

The US stock market indices suffered steep losses on Monday as President Trump’s continued attacks on the Federal Reserve chair Jerome Powell and the bank’s monetary policy rattled investors.

The Dow Jones Industrial Average declined 971.82 points, or 2.48%, to 38,170.41, while the S&P 500 slipped 124.50 points, or 2.36%, to 5,158.20. The Nasdaq Composite closed 415.55 points, or 2.55%, lower at 15,870.90.

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