Stock market today: Asian shares slip following technology selloff on Wall Street
Asian shares have fallen after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street
By YURI KAGEYAMA
Published - Jun 08, 2023, 02:45 AM ET
Last Updated - Jun 21, 2023, 10:56 AM EDT
TOKYO (AP) — Asian shares fell Thursday after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street.
Stocks fell in Tokyo, Hong Kong, Seoul and Sydney but rose in Shanghai. U.S. futures were lower. Oil prices retreated.
The declines came despite a sharp upward revision in Japan’s estimated economic growth rate for the January-March quarter, to 2.7%. That was above what analysts had expected.
Japan’s benchmark Nikkei 225 sank 0.9% to 31,641.27. Australia’s S&P/ASX 200 shed 0.3% to 7,099.70. South Korea’s Kospi slipped 0.2% to 2,610.85.
