Nikkei 225, Hang Seng Index

Asia-Pacific markets were mixed on Thursday after Wall Street closed lower amid growing geopolitical tensions and comments from US President Donald Trump.

US defense stocks fell after Trump said he “will not allow“Defense companies must pay dividends or repurchase shares until they address its complaints about the industry, including executive salaries and production problems.

Oil prices too abandoned overnight after Trump said Venezuela’s interim authorities produce up to 50 million barrels of crude to the United States, raising concerns about an increase in global supply.

Brent crude futures fell 0.51% to $60.39 a barrel, while the West Texas Intermediate American Brut added 0.61% to $56.33 per barrel, as of 7:30 a.m. Singapore time (Wednesday 6:30 p.m. EST).

The reference of Japan Nikkei 225 the index fell 0.69%, weighed down by basic materials and technology stocks. Among the biggest declines are SoftBankwhich lost 4%, and Tokyo Electronwhich provides essential chip manufacturing equipment to foundries that manufacture from Nvidia chips, was down 2.9%. The broader Topix index fell 0.17%.

South Korea Kospi added 1.27%, while the small-cap Kosdaq climbed 0.1%.

Australia’s S&P/ASX 200 index rose slightly amid volatile trading. Actions of BlueScope Steel fell 1.87% Thursday morning, after the company rejected a $9 billion takeover offer from the Australian conglomerate. GHS and based in the United States Steel dynamics.

that of Hong Kong Hang Seng Index decreased by 0.97%, driven by losses in basic materials and technology values. Lenovo Group fell 3.44%, Kuaishou Technology lost 2.85%, and Baidu was trading down 2.76%. The mainland CSI 300 was flat.

India’s Nifty 50 index fell 0.21%, while the BSE Sensex index was down 0.22%.

U.S. stock futures were little changed in early Asian hours, after the S&P500 and the Dow Jones Industrial Average ended a three-day winning streak.

Overnight, the broader market index lost about 0.3% while the Dow Jones fell 466 points, or about 0.9%.

The heavy on technology Nasdaq Composite gained nearly 0.2%, helped by a 2.4% jump from parent Google Alphabet which led the company’s market capitalization to surpass Apple’s for the first time since 2019.

— CNBC’s Pia Singh and Sean Conlon contributed to this report.