People walk by the Dah Sing Bank's electronic screen in Hong Kong on Friday, March 10, 2023. Asian stock markets followed Wall Street lower Friday ahead of an update on U.S. employment amid worries about possible further interest rate hikes. BEIJING — — Asian stock markets followed Wall Street lower Friday ahead of an update on United States employment amid worries about possible further interest rate hikes.
The Shanghai Composite Index fell 0.9% to 3,246.16 and the Nikkei 225 in Tokyo tumbled 1.2% to 28,291.89. The Hang Seng in Hong Kong slid 2.4% to 19,460.27.New Zealand and Southeast Asian markets declined. The Dow Jones Industrial Average lost 1.7% to 32,254.86. The Nasdaq composite sank 2.1% to 11,338.35.
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