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The Independent UK
The Independent UK
National
Yuri Kageyama

Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision

Copyright 2023 The Associated Press. All rights reserved.

Asian shares were mostly lower in cautious trading Tuesday ahead of the Federal Reserve’s upcoming decision on interest rates.

Japan's benchmark Nikkei 225 dropped 1.1% to 33,160.03. Australia's S&P/ASX 200 lost 0.5% to 7,196.70. South Korea's Kospi edged down 0.7% to 2,556.42. Hong Kong's Hang Seng slipped 0.2% to 17,893.99, while the Shanghai Composite fell 0.1% to 3,122.21.

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