Stock market today: Asian shares are mixed after another Wall Street record day

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Stocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan's Nikkei 225 topped 41,000 for the first time early Friday but then fell back. Chinese property and tech companies weighed on markets in Shanghai and Hong Kong. On Thursday, the S&P 500 rose 0.3% to an all-time high for a third straight day.

A Security member stands guard at one of the entrance of the New York Stock Exchange in New York, Tuesday, March 19, 2024. Reddit Inc. signage is seen on the New York Stock Exchange trading floor, prior to Reddit IPO, Thursday, March. 21, 2024. Reddit Inc. signage is seen on the New York Stock Exchange trading floor, prior to Reddit IPO, Thursday, March. 21, 2024. A person looks at an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Friday, March 22, 2024, in Tokyo.

The Dow Jones Industrial Average gained 0.7% to 39,781.37, and the Nasdaq composite rose 0.2% to 16,401.84. Both indexes added to records set a day earlier. Accenture was another weight on the market after dropping 9.3%. The consulting and professional services company reported stronger profit for the latest quarter than analysts expected. But its forecast for profit over this full fiscal year fell short of estimates.

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