Publisher: Maaal International Media Company
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Asian shares were mixed Wednesday as a wait-and-see mood set in following another though more modest day of sell-offs on Wall Street, the Associated Press reported.
Benchmarks fell in Japan and China in afternoon trading, while rising in Australia and South Korea.
Japan’s benchmark Nikkei 225 slid 0.4% in afternoon trading to 28,327.09. Australia’s S&P/ASX 200 added 0.5% to 6,998.10. South Korea’s Kospi rose 0.6% to 2,448.81. Hong Kong’s Hang Seng dipped 1.2% to 19,262.55, while the Shanghai Composite shed 1.7% to 3,221.16.
Stocks drifted to modest losses Tuesday on Wall Street, as steadying Treasury yields helped calm the market following its worst tumble in months. The S&P 500 dipped 9.26 points, or 0.2%, to 4,128.73 after flipping between small gains and losses through the day.
In energy trading, benchmark U.S. crude fell 35 cents to $93.39 a barrel. Brent crude, the international standard, dropped 52 cents to $99.70 a barrel.
In currency trading, the U.S. dollar inched down to 136.68 Japanese yen from 136.72 yen. The euro cost was little changed at 99 cents.