Asian Shares Trade Mixed, Tracking Wall Street Results

Asian shares were mixed on Friday, mirroring the finish on Wall Street, although export-related Tokyo stocks got a boost from a strengthening dollar, Yuri Kageyama reported for the Associated Press (AP).

The US dollar rose to 144.90 Japanese yen from 144.63 yen. The euro fell to $1.0939 from $1.0947. Japan’s benchmark Nikkei 225 added 0.7% to 33,521.67.

The US dollar rose to 144.90 Japanese yen from 144.63 yen. The euro fell to $1.0939 from $1.0947. Japan’s benchmark Nikkei 225 added 0.7% to 33,521.67.

Hong Kong’s Hang Seng shed 0.1% to 16,622.45, while the Shanghai Composite edged 0.1% lower to 2,950.61. Australia’s S&P/ASX 200 gained nearly 0.1% to 7,497.90. South Korea’s Kospi lost 0.1% to 2,583.83.

Wall Street stocks finished mixed, extending the weak start for 2024 into a third day. The S&P 500 slipped 0.3% to 4,688.68 and is on track for its first losing week in the last 10. The Dow Jones Industrial Average eked out a gain of less than 0.1%, to 37,440.34, and the Nasdaq composite fell 0.6% to 14,510.30. Stan Choe also reported for AP.

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