Asian shares slip after tech stock slump on Wall St
Shares are mostly lower in Asia after Wall Street sagged under weakness in tech stocks
By ELAINE KURTENBACH
Published - Dec 08, 2022, 02:33 AM ET
Last Updated - Jun 23, 2023, 07:13 AM EDT
BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after Wall Street sagged under weakness in tech stocks.
U.S. futures turned higher and oil prices rebounded more than $1 a barrel.
Japan revised upward its GDP data to show the economy contracted less than earlier reported in July-September, in a sign the country weathered its latest big COVID wave with less damage than had been thought.
The Cabinet Office reported Thursday that the economy shrank at a 0.8% annual rate in July-September. That was better than minus 1.2% annual growth reported earlier.
