TOKYO — Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve.
Trade data for Japan showed exports fell 0.8% last month from a year ago, marking the second straight month of declines, as exports to China lagged, dropping 11%. Japan's exports to the U.S. rose 5.1%, while exports to Europe surged 12.7%. By product category, auto exports zoomed 40.9%, while those of semiconductors rose 8.1%, according to Finance Ministry data.
He said the strong contribution to economic growth in the April-July quarter was expected to weaken in this quarter. On Wall Street, the S&P 500 slipped 0.2% to 4,443.95. The Dow Jones Industrial Average dropped 0.3% to 34,517.73, and the Nasdaq composite lost 0.2% to 13,678.19.
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