Asian Stocks Fall on Christmas Day

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BUSINESS News

STOCK MARKET,ASIA,JAPAN

Despite gains on Wall Street the day before, shares took a dip in Tokyo and Shanghai on Christmas Day.

Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Japan's Nikkei 225 index edged 0.1% lower to 38,997.02, while the Shanghai Composite index lost 0.2% to 3,387.41.Also early Wednesday, U.S. benchmark crude oil was up 93 cents at $70.17 per barrel. Brent crude, the international standard, picked up 6 cents to $73.23 per barrel.On Tuesday, stocks closed higher on Wall Street in a shortened holiday session.

Gains in Big Tech stocks helped the S&P 500 to a

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