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Overnight Markets: US stocks snap six-day winning streak

by Himanshu Singh on Apr 24, 2014 at 04:16

Procter & Gamble Co's (PG.N) earnings topped forecasts but sales were flat. The stock slipped 0.3%.

In Asia, shares oscillated between gains and losses on Thursday as investors weighed better-than-estimated earnings from Apple Inc. and Facebook Inc. and an unexpected drop in home sales in the US.

The MSCI Asia Pacific Index fell 0.2% 139 as of 11 a.m. in Tokyo. South Korea’s Kospi index fell 0.2%, after rising 0.3% earlier. Japan’s Topix index lost 0.3%, retreating from a two-week high.

China’s Shanghai Composite Index slid 0.2%. Hong Kong’s Hang Seng Index was little changed, while Taiwan’s Taiex index slipped 0.1%. Australia’s S&P/ASX 200 Index added 0.2% and Singapore’s Straits Times Index rose 0.4%. New Zealand’s NZX 50 Index gained 0.2%.

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