Stock market today: Asian shares dip with eyes on the Chinese economy and a possible US shutdown

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Asian shares are mostly sinking over worries about a possible U.S. government shutdown and the troubled Chinese economy.

FILE - A person stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Sept. 11, 2023, in Tokyo. Asian shares mostly sank Tuesday, Sept. 26, over worries about a possible U.S. government shutdown and the troubled Chinese economy.– Asian shares mostly sank Tuesday over worries about a possible U.S. government shutdown and the troubled Chinese economy.

Japan's benchmark Nikkei 225 index slipped 1.0% in afternoon trading to 32,357.25. Australia's S&P/ASX 200 dipped 0.5% to 7,044.90. South Korea's Kospi dropped nearly 1.3% to 2,463.63. Hong Kong's Hang Seng shed 0.9% to 17,576.83, while the Shanghai Composite fell 0.2% to 3,109.69.

Wall Street clawed back some of its steep losses from last week. The S&P 500 rose 17.38, or 0.4%, to 4,337.44, coming off its worst week in six months. The Dow Jones Industrial Average edged up 43.04, or 0.1%, to 34,006.88, and the Nasdaq composite gained 59.51, or 0.5%, to 13,271.32.

 

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