Asian Stocks Fell On Wednesday After The US Lawmakers

Asian stocks fell on Wednesday after the US lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world’s largest economy.

Trends on SGX Nifty indicate a negative opening for the broader indices in India, a fall of 44.50 points or 0.38 percent. Nifty futures were trading around 11,587.50-level on the Singaporean Exchange.

US stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop in a month as a push for the impeachment of US President Donald Trump gained momentum among Democrats in the US Congress.

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