Asia stocks set to trade lower as Dow falls below 26,000 amid geopolitical fears

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Asia stocks set to trade lower as Dow falls below 26,000 amid geopolitical fears
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Stocks in Asia were set to trade lower on Tuesday following an overnight plunge on Wall Street stateside that saw the Dow Jones Industrial Average plunging more than 350 points.

Investors will await the market reaction in Hong Kong today, when authorities will attempt to restart flights at the airport after operations were crippled on Monday due to protests.

The Chinese yuan midpoint will also be watched when it comes out around 9:15 a.m. HK/SIN. The People's Bank of China set the midpoint above the psychologically important 7-yuan-per-dollar level for the third consecutive session on Monday. Stocks in Asia were set to trade lower on Tuesday following an overnight plunge on Wall Street stateside that saw theFutures pointed to a lower open for Japanese shares, which return to trade Tuesday following a holiday yesterday. The Nikkei futures contract in Chicago was at 20,285, while its counterpart in Osaka was at 20,500. TheStocks in Australia were also set to decline at the open. The SPI futures contract was at 6,480.

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