Stock market today: Asian shares mostly lower as China reports factory output slowed

BANGKOK — 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 38,070.40 and in Seoul, the Kospi declined 0.5% to 2,744.63. Australia's S&P/ASX 200 gave up 0.2% to 7,712.90.

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. U.S. stocks have set records as hopes rise that inflation is slowing enough to convince the Federal Reserve to cut interest rates later this year. Big technology stocks, meanwhile, continue to race ahead almost regardless of what the economy and interest rates are doing.Adobe jumped 14.5% after reporting stronger profit for the latest quarter than analysts expected.

‘I’m counting on this income’: Single mom in NC faces squatter nightmare after Airbnb guests refuse to leaveThe Bank of Nova Scotia has announced that it will pay a dividend of CA$1.06 per share on the 29th of July...

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Stock market today: Asian markets mixed following hotter-than-expected US jobs reportHONG KONG (AP) — Asian markets were mixed on Monday after a jobs report released Friday came in hotter than expected, while the euro fell after French...
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Stock market today: Asian stocks are mixed ahead of key U.S. jobs dataHONG KONG (AP) — Asian stocks were mixed Friday after a steady Thursday on Wall Street as markets anticipated the release of key U.S. jobs data later in the ...
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Stock market today: Asian stocks rise after Wall Street barrels to recordsHONG KONG (AP) — Asian markets rose Thursday after Wall Street barreled to records Wednesday as the frenzy around artificial-intelligence technology keeps...
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