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Overnight Markets: Wall Street ends flat as earnings offset Europe concerns
by Himanshu Singh on Feb 07, 2013 at 03:51
In Asia, shared declined on Thursday as Nikon Corp. and News Corp. slashed profit estimates and Chinese shares retreated.
The MSCI Asia Pacific Index slid less than 0.1% to 133 as of 11:30 a.m. in Tokyo. Japan’s Nikkei 225 lost 0.8%, retreating from yesterday’s highest closing level September 2008. Australia’s S&P/ASX 200 Index reversed an earlier decline, rising 0.3%, after the nation’s employers boosted payrolls more than economists forecast in January.
Hong Kong’s Hang Seng Index slid 0.2%, while China’s Shanghai Composite and Singapore’s Straits Times Index lost 0.5%. South Korea’s Kospi Index was little changed.
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