Stock market today: Asian shares mixed after calm day on Wall St
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Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. Tokyo's Nikkei 225 lost 1.6% to 38,202.37. Nintendo Co.’s share price sank 5.4% after the company’s forecasts disappointed investors and it announced that news of a successor product to its popular Switch device will be made by March 2025. Sony Corp. shed 5% amid speculation over a potential buyout of Paramount Global by Pictures and the private equity firm Apollo Global Management. Hong Kong's Hang Seng index shed 0.7% to 18,354.11 and the Shanghai Composite index gave up 0.6%, falling to 3,129.65. P/ASX 200 edged 0.1% higher to 7,804.50, while the Kospi in South Korea rose 0.4% to 2,745.05. The S&P 500 edged 0.1% higher, to 5,187.70. The Dow Jones Industrial Average added 0.1%, to 38,884.26, and the Nasdaq composite slipped 0.1%, to 16,332.56. Kenvue rose 6.4% after topping analysts’ forecasts for both profit and revenue in the latest quarter. The Walt Disney Co. sank 9.5% despite reporting stronger results for its latest quarter than analysts expected. U.S. benchmark crude oil fell 48 cents to $77.90 per barrel. Brent crude oil, the international standard, declined 52 cents to $82.64 per barrel.
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https://abcnews.go.com/US/wireStory/stock-market-today-asian-shares-mixed-after-calm-110016999
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