U.S. stocks fell in volatile trade on Tuesday... giving the S&P 500 its biggest daily drop in a month, as a push for the impeachment of U.S. President Donald Trump gained momentum among Democrats in the U.S. Congress.
At closing bell, the Dow Jones Industrial Average fell one-half a percent, the S&P 500 lost point-8 percent and the Nasdaq Composite dropped 1-and-a-half percent.
South Korean shares ended higher Tuesday... extending their winning streak to a 13th straight session... after U.S. Treasury Secretary Steven Mnuchin said the U.S.-China trade talks will resume in couple of weeks.
The benchmark KOSPI closed one-half a percent higher while the tech-heavy KOSDAQ shed just about that much.
Oil prices took a plunge on Tuesday as U.S. President Donald Trump fanned market fears that Sino-American trade tensions are far from settled amid ongoing negotiations, a grim sign for oil demand growth.
The global benchmark Brenth Crude dropped 3-point-6 percent to settle trading at 62 dollars and 44 cents while the West Texas Intermediate shed 3-point-1 percent to 56-84 a barrel.