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Overnight Markets: Wall Street gains as Obama weighs Syria alternatives
by Himanshu Singh on Sep 12, 2013 at 04:23
On the negative side, Texas Instruments (TXN.O) fell 0.7% after the No. 3 U.S. chipmaker lowered its third-quarter forecast.
In Asia, shares oscillated between gains and losses on Thursday in late morning trade after Japanese machinery orders accelerated less than expected and as investors await the outcome of the Fed’s meeting next week.
The MSCI Asia Pacific Index fell 0.1% to 138 as of 11:01 a.m. in Tokyo. Japan’s Topix (TPX) index slipped 0.6%. China’s Shanghai Composite Index dropped 0.4%. Taiwan’s Taiex index added 0.1%. Hong Kong’s Hang Seng Index gained 0.2% and South Korea’s Kospi rose 0.3%. Singapore’s Straits Times Index increased 0.6%.Australia’s S&P/ASX 200 Index added less than 0.1%, trading near a five-year high.
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