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Stock market today: Asian benchmarks mostly slip after Wall Street's losing week

Asian shares are trading mostly lower after U.S. employment data had Wall Street close out a losing week

By YURI KAGEYAMA
Published - Aug 07, 2023, 12:00 AM ET
Last Updated - Aug 07, 2023, 12:00 AM EDT

TOKYO (AP) — Asian shares were trading mostly lower on Monday after U.S. employment data had Wall Street close out a losing week.

Investors are also closely watching earnings reports due later this week, including from Disney in the U.S., Alibaba Group in China and Sony and SoftBank in Japan.

Japan's benchmark Nikkei 225 recouped losses earlier in the day and was down less than 0.1% at 32,190.31 in morning trading.

Australia's S&P/ASX 200 shed 0.4% to 7,298.60. South Korea's Kospi inched down less than 0.1% to 2,602.49. Hong Kong's Hang Seng lost 0.3% to 19,488.09, while the Shanghai Composite dropped 0.6% to 3,267.44.

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