A mixed open is expected for Tokyo stocks on Wednesday, after Wall Street ended its session with a gain overnight.
Japan stocks slid lower on Wednesday.
The benchmark Nikkei 225 Average posted a loss of 237.84 points or 2.69 percent at 8,595.01. Of the Nikkei components, there were 25 stocks finishing higher, 197 lower and 3 closing unchanged.
The broader Topix index closed down 17.34 points or 2.1 percent at 815.26.
Among the stocks and sectors of interest, the electronics makers were broadly lower. Panasonic Corp was down 16 yen or 1.29 percent, Pioneer fell 12 yen or 5.83 percent, Sharp was down 53 yen or 6.12 percent, Sony declined 120 yen or 4.96 percent and Canon lost 170 yen or 5.48 percent.
For the auto makers, Honda was down 55 yen or 1.96 percent, Isuzu Motors plunged 16 yen or 11.27 percent, Fuji Heavy dropped 10 yen or 2.63 percent, Mazda fell 2 yen or 0.88 percent and Toyota was down 34 yen or 2.94 percent.
Telecom NTT DoCoMo managed a gain of 900 yen or 0.65 percent and Softbank rose 37 yen or 2.48 percent but KDDI was down 7,000 yen or 1.42 percent andNippon Telegraph & Telephone fell 10 yen or 0.26 percent.
Shin-Etsu Chemicals dropped 270 yen or 5.44 percent after its profits failed to meet expectations.
Overseas, Wall Street finished a choppy trading session on a positive note Wednesday. At the close, the Dow Jones Industrial Average was up 47.55 points or 0.61 percent at 7,837.11, the Nasdaq Composite index was up 29.05 points or 1.86 percent at 1,590.66 and the Standard &* Poor's 500 index was up 9.61 points or 1.18 percent at 825.16.
With the exception of India's, major markets around the Asia/Pacific region closed lower on Wednesday.
China's Shanghai Composite closed down 91.80 points or 3.76 percent at 2,347.39.
The Hang Seng index in Hong Kong was down 454.11 points or 3.04 percent at 14,474.86.
In India, the BSE 30 Index gained 207.47 points or 1.97 percent at 10.742.34.
Indonesia's Jakarta Composite index fell 25.11 points or 1.68 percent at 1,465.75.
In South Korea, the KOSPI/Seoul Composite index was down 38.03 points or 2.93 percent at 1,262.07.
The Taiwan Weighted Index declined 133.29 points or 2.39 percent to 5,443.56.
On Thursday's economic data calendar, Japan will provide numbers for key machinery orders for February. The Ministry of Finance also will provide weekly capital inflow numbers for stocks and bonds.
For comments and feedback: contact firstname.lastname@example.org