An electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, Tuesday, February 6, 2018.
Brendon Thorne | Bloomberg via Getty Images
Asia-Pacific stocks fell on Friday as investors continue to weigh on the Federal Reserve’s aggressive stance.
MSCI’s broadest index of Asia-Pacific stocks outside Japan fell 1.42%. Japanese markets were closed for a public holiday on Friday.
Elsewhere in Asia, inflation in Malaysia was in line with expectations, while Singapore’s consumer price index rose more than expected.
On Wall Street overnightStocks fell for a third straight day on fears of recession following the Fed’s latest 75 basis point rate hike.
The S&P 500 was down 0.8% at 3,757.99, while the Nasdaq Composite lost 1.4% at 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.