Stock market today: Asian shares mostly lower, Japan’s Nikkei 225 falls 2.5%
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Published Mar 10, 2024 • 3 minute read
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BEIJING (AP) — Asian shares were mostly lower on Monday after Wall Street’s huge rally faltered last week.
Japan’s Nikkei 225 index shed 2.5% to 38,704.10. The government issued revised figures showing the economy grew 0.1% in the last quarter of the year, better than the minus 0.1% reported earlier but lower than forecasts.
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That means the economy is not in a technical recession, though it’s expanding at a snail’s pace.
Hong Kong’s Hang Seng rose 0.9% to 16,498.79 and the Shanghai Composite slipped 0.1% to 3,043.67.
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The Associated Press
2024-03-10 23:10:29
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