Stock market today: Asian world shares mostly lower after Wall Street has its worst week in 6 months

Germany's DAX fell 0.6 per cent to 15,458.86 while the CAC 40 in Paris also dropped 0.6 per cent, to 7,143.79. Britain's FTSE 100 declined 0.6 per cent to 7,637.55. The futures for the S&P 500 and the Dow industrials were up 0.1 per cent.

On Friday, the S&P 500 slipped 0.2 per cent, while the Dow Jones Industrial Average was off 0.3 per cent. The Nasdaq composite dipped 0.1 per cent. The retreat has deepened with Wall Street's growing conviction that interest rates likely won't come down much anytime soon. Adding to unease, the U.S. federal government is heading toward a shutdown at the month's end that would disrupt many services, squeeze workers and roil politics. It comes as Republicans in the House, fuelled by hard-right demands for deep cuts, force a confrontation with Democrats over federal spending.

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Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 monthsShares in Asia were mostly lower on Monday, with Tokyo the only major regional market to advance, after Wall Street wheezed to more losses with its worst week in six months. U.S. futures and oil prices edged higher. Worries over China’s property sector, a U.S. government shutdown and the continued strike by American autoworkers were weighing on investor sentiment. Troubled property developer China Evergrande sank 17.3% after announcing it was unable to raise further debt due to an investigation
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