Asia Markets: Asian stocks drop as tech pullback, Nissan CEO’s arrest takes toll

Asian stock markets fell in early trading Tuesday, following tech-led declines on Wall Street.

Japan’s Nikkei NIK, -1.09% was down 0.8%, with electronics and machinery stocks among the biggest decliners. Sony 6758, -3.09% was down 2.6% while Fanuc 6954, -2.13% and Hitachi 6501, -2.90% were off some 3%. But the auto sector was the most watched, following the arrest of Nissan CEO Carlos Ghosn on Monday. Alliance partners Nissan 7201, -5.45% and Mitsubishi 7211, -6.85% slid in early trading, with Nissan at almost-2½-year lows. But rival Toyota 7203, +1.59% benefited, climbing 2%.

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