Skip to Content

Asian stocks mixed after lackluster day on Wall Street

KTVZ

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks are mixed in Asia after shares closed mostly lower on Wall Street as traders returned from the Labor Day holiday. Shares were higher in Tokyo, Hong Kong and Shanghai but fell in Seoul and Sydney. On Tuesday, gains for some Big Tech companies nudged the Nasdaq composite barely higher while the benchmark S&P 500 slipped 0.3%. The Dow industrials lost 0.8%.  Strong trade data from China failed to counter the dampening impact of a weak U.S. jobs report last week. The yield on the 10-year Treasury note climbed to 1.37%, while oil prices rose after falling overnight. 

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content