With the Melbourne skyline in the background, a ship sets sail out of the Port of Melbourne on September 14, 2021.
Asia-Pacific markets are set to fall after Wall Street saw a tech sell-off Monday, with Tesla tumbling 6% after Goldman Sachs downgraded the electric car maker, citing pricing headwinds.
Other tech names like Nvidia, Alphabet and Meta Platforms also lost more than 3% each.
In Australia, futures for the S&P/ASX 200 were at 7,052, lower than the index's last close of 7,078.7.
Hong Kong's Hang Seng index look set to snap its five day losing streak, with futures at 18,894 compared to the HSI's close of 18,794.13.
Persons:
Wall, Goldman Sachs
Organizations:
Melbourne, Port, Nvidia, Nikkei
Locations:
Port of Melbourne, Asia, Pacific, Australia, Japan, Chicago, Osaka