Asia-Pacific markets to open lower after Wall Street postelection rally fizzles

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Asia-Pacific markets to open lower after Wall Street postelection rally fizzles
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Japan will release corporate goods data for October, with prices expected to come in up 3% for the month compared to last year.

Asia-Pacific markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight.Asian traders will assess Japanese corporate goods data set for release later today. Economists polled by Reuters expect corporate goods prices to have risen an average of 3% for the month of October compared to last year, up from 2.8% in September.

Measured by share volume, decliners on the NYSE account for some 71% of the total while on the Nasdaq, losers account for roughly 59.5% of all shares changing hands. Total composite volume was far lighter than usual Tuesday on the NYSE, reaching about 70% of the past 30 days' average in late day trading, against more than 95% of the average on Nasdaq.slipped 1.4% during the session. That put the index on track to give up around all of its gain seen in the previous day.because they can benefit from less regulation. Notably, the Russell 2000 is up about 6% compared with one week ago.

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