Stock market today: Asian shares slip and the yen weakens against the dollar
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Asian shares mostly lower on October 3, 2024; U.S. stocks stalled as investors awaited Middle East developments; U.S. dollar gained against yen, trading at 146.51; Tokyo's Nikkei 225 index rose 2% to 38,552.06; Shigeru Ishiba chosen as new Liberal Democrat leader; Bank of Japan Gov. Kazuo Ueda indicated no further rate hikes; Hong Kong's Hang Seng dropped 1.4% to 22,124.37; oil prices rose amid concerns over Iran-Israel conflict; U.S. benchmark crude oil at $71.10 per barrel; S&P 500 gained less than 1 point to 5,709.54; Nike shares fell 6.8% despite strong profits; Tesla shares down 3.5% despite increased deliveries.

#AsianMarkets #Yen #UsStocks #OilPrices #ShigeruIshiba #BankOfJapan #Nikkei225 #HangSeng #Nike #Tesla

https://abcnews.go.com/Business/wireStory/stock-market-today-asian-shares-mixed-yen-slips-114455433