Stock market today: Asian markets lower after Japanese factory activity and China services weaken

A visitor looks at an electronic stock board at Tokyo Stock Exchange Friday, Aug. 18, 2023 in Tokyo, Japan. Asian stock markets were mostly lower Thursday, Aug. 31, after Japanese factory activity and Chinese service industry growth weakened.– Asian stock markets were mostly lower Thursday after Japanese factory activity and Chinese service industry growth weakened.Wall Street's benchmark S&P 500 index rose 0.4% on Wednesday after the U.S.

The Shanghai Composite Index lost 0.6% to 3,119.06 while the Nikkei 225 in Tokyo advanced 1% to 32,669.98. The Hang Seng in Hong Kong declined 0.3% to 18,419.98.India's Sensex opened down less than 0.1% at 65,071.31. New Zealand and Singapore advanced while Bangkok and Jakarta declined. The latest figures suggest Asia's biggest economy is not “definitively growing,” said Stephen Innes of SPI Asset Management in a report. “These figures might not sufficiently reassure the markets."

Technology stocks led gains. Apple rose 1.9% and Palo Alto Networks rose 1.7%. HP lost 6.6% after cutting its profit forecast.from 2.4%. That still is up from 2% during the first quarter.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian markets lower after Japanese factory activity and China services weakenAsian stock markets are mostly lower after Japanese factory activity and Chinese service industry growth weakened. Shanghai, Hong Kong and Seoul declined. Tokyo gained.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares boosted by Wall Street rise on consumer confidence and jobsAsian shares are trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.
Source: AP - 🏆 728. / 51 Read more »

Asian Stock Market: Mixed trading ahead of the key US PCE dataAsian stock markets trade mixed on Thursday as investors await the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferre
Source: FXStreetNews - 🏆 14. / 72 Read more »

Asian stocks dip as middling China PMIs offset Fed pause bets By Investing.comAsian stocks dip as middling China PMIs offset Fed pause bets
Source: Investingcom - 🏆 450. / 53 Read more »