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Stocks fall; Singapore, Malaysia inflation data ahead

An electronic board displays stock information on the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Tuesday, February 6, 2018.

Brendon Thorne | Bloomberg via Getty Images

Shares in Asia-Pacific fell Friday as investors continue to weigh in on the Federal Reserve’s aggressive stance.

In Australia, the S&P/ASX 200 fell 1.56% on its return to trading after a holiday on Thursday. South Korea’s Kospi fell 1.59% and the Kosdaq fell 2.19%.

Hong Kong’s Hang Seng Index lost 0.54% in early trading.

Shares in mainland China were also lower, with the Shanghai Composite losing 0.47% and the Shenzhen Component losing about 1%.

MSCI’s broadest index of Asia-Pacific stocks outside of Japan fell about 1%. Japanese markets were closed on Friday for a holiday.

Elsewhere in Asia, Singapore and Malaysia will report August consumer price indices.

On Wall Street, stocks fell overnight for the third straight day on fears of a 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% to 11,066.81. The Dow Jones Industrial Average fell 107.10 points, or 0.3%, to 30,076.68.

— Samantha Subin and Sarah Min of CNBC contributed to this report.

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