The slips in Asian markets tracked Wall Street, which closed on Tuesday with all three major indices down. The S&P 500 fell 0.42%, the Dow Jones Industrial Average dropped 0.18%, and the Nasdaq Composite lost 1.19%. The dollar reversed losses overnight and was trading flat in Asia. The dollar index, which measures the safe-haven greenback against six major peers, was down 0.009% at $106.330.
Yen, euro under pressure as Middle East conflict stokes energy concerns
The yen and euro weakened Tuesday as the escalating Middle East conflict heightened concerns over energy import costs and central bank responses to inflation. The