View the article online at http://citywire.co.uk/wealth-manager/article/a655294
Overnight Markets: Wall Street falls as investors weigh data
by Himanshu Singh on Feb 01, 2013 at 03:26
Dow Chemical Co. slid 7% after earnings missed forecasts as sales fell in Europe. ConocoPhillips slipped 5.1% after saying oil and natural gas production will hit a low point this year.
In Asia, shares oscillated between gains and losses on Friday in morning trade after a gauge of China’s manufacturing unexpectedly declined, while Japanese shares rose on earnings and a weaker yen.
The MSCI Asia Pacific Index slid 0.1% to 133 as of 10:47 a.m. in Tokyo. Japan’s Nikkei 225 Stock Average rose 0.4% today, heading for a 12th weekly advance. Hong Kong’s Hang Seng Index and Shanghai Composite Index fell 0.4%.
Australia’s ASX All Ordinaries Index was up 0.82%, while Korea’s Kospi Index lost 0.09%.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.
More about this:
On the road
on Jul 31, 2014 at 10:36