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The Independent UK
The Independent UK
Yuri Kageyama

Stock market today: Asian shares mostly decline ahead of Federal Reserve’s Powell speech

Copyright 2023 The Associated Press. All rights reserved

Asian shares mostly fell Friday, discouraged by a Wall Street slump that followed a blowout profit report from Nvidia and mixed reports on the United States economy.

Japan's benchmark Nikkei 225 dropped 2.0% to 31,634.37 in afternoon trading. Australia's S&P/ASX 200 dipped 0.9% to 7,118.20. South Korea's Kospi lost 0.8% to 2,516.63. Hong Kong's Hang Seng slipped 0.5% to 18,126.36, while the Shanghai Composite shed less than 0.1% to 3,081.14.

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