A currency trader watches monitors near the screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, June 17, 2024. – Shares were mixed in Asia on Monday after China reported its factory output slowed in May, with the property market still deep in the doldrums.Shares fell 1.9% in Tokyo to 38,070.
Factory output fell 5.6% in China in May, the government reported, below analysts' forecasts and slowing from 6.7% the month before. Retail sales rose just 4.1% in the first five months of the year. The Dow Jones Industrial Average dipped 0.1%, to 38,589.16, and the Nasdaq composite added 0.1% to its record set a day before on the back of gains for technology stocks, closing at 17,688.88.
France’s CAC 40 fell 2.7% to bring its loss for the week to 6.2%, its worst in more than two years. Germany’s DAX lost 1.4%.
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