Japan's trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.
Japan's Nikkei 225 has been the top performer this year, among large economy stock indexes in Asia and many believe that stocks in the region have more room to run in 2024.Asia-Pacific markets plummeted as chip-related stocks dropped following reports of more stringent export restrictions from the U.S. and as comments from former U.S. PresidentThe tech-heavy index slid 2.77% to end at 17,996.
Employment in Australia rose by around 50,000 people and the unemployed increased by 10,000 people, Bjorn Jarvis, head of labor statistics at the Australian Bureau of Statistics, said in aadded 243.60 points, or 0.59%, to end at 41,198.08. This is the first time the index closed beyond 41,000. The broad S&P 500 shed 1.39%, with the information technology and communication services industries being the weakest performers in the session.
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