An electronic board displays stock information on the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, Tuesday, Feb. 6, 2018.
Brendon Thorne | Bloomberg via Getty Images
Asia-Pacific shares fell on Friday as investors continue to weigh the Federal Reserve’s hawkish stance.
In Australia, the S&P/ASX 200 fell 2.28% to its lowest levels since July when it returned to trading after a holiday on Thursday. South Korea’s Kospi fell 1.82% and the Kosdaq fell 2.49%.
Hong Kong’s Hang Seng Index lost 0.85%. Shares in mainland China were also lower, with the Shanghai Composite shedding 1.08% and the Shenzhen Component down 1.769%.
The broadest index of Asia-Pacific shares outside Japan fell 1.42%. Japanese markets were closed for a Friday holiday.
In the rest of Asia, inflation in Malaysia was in line with expectations, while Singapore’s consumer price index rose more than expected.
On Wall Street overnight, stocks fell for a third straight day on recession fears after the Fed’s latest 75 basis point rate hike.
The S&P 500 fell 0.8% to 3,757.99, while the Nasdaq Composite lost 1.4% to 11,066.81. The Dow Jones Industrial Average fell 107.10 points, or 0.3%, to 30,076.68.
— CNBC’s Samantha Subin and Sarah Min contributed to this report.