Asian shares fall from nine-month high on weak U. S. data
SINGAPORE (Reuters) – Asian shares slipped on Tuesday after a plunge in U. S. manufacturing activity hit American stocks and the dollar, while the euro hovered near a six-week high on optimism over Greece’s plan to buy back debt. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0. 3 percent to 450. 79, backing away from a nine-month high reached on Monday. Australian shares eased 0. 5 percent, while Japan’s benchmark Nikkei share average fell 0. 2 percent, declining further from a seven-month intraday high of 9,525. 82 struck on Monday. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply