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Asian stocks mixed after lackluster day on Wall Street

KIFI

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks are mixed in Asia after shares closed mostly lower on Wall Street as traders returned from the Labor Day holiday. Shares were higher in Tokyo, Hong Kong and Shanghai but fell in Seoul and Sydney. On Tuesday, gains for some Big Tech companies nudged the Nasdaq composite barely higher while the benchmark S&P 500 slipped 0.3%. The Dow industrials lost 0.8%.  Strong trade data from China failed to counter the dampening impact of a weak U.S. jobs report last week. The yield on the 10-year Treasury note climbed to 1.37%, while oil prices rose after falling overnight. 

Article Topic Follows: AP National Business

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