Stock market today: Asian shares weaken while Japan reports economy grew less than expected

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Shares have slipped in Asia after Japan reported its economy grew less than earlier estimated in the last quarter.

Tokyo’s Nikkei 225 index dropped 1.2% to 32,606.84, while the Kospi in Seoul lost less than 1 point, to 2,547.68.The Shanghai Composite index shed 0.2% to 3,1016.87, while the S&P/ASX 200 fell 0.2% to 7,156.70.

The Dow Jones Industrial Average held up better than the rest of the market because it has less of an emphasis on tech. It rose 0.2% to 34,500.73. Apple, the dominant force on Wall Street because it’s the most valuable stock, fell 2.9% after a 3.6% drop a day before.

 

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