The Traderszone Network

Published in TZ Latest News 1 December, 2015 by The TZ Newswire Staff

Asia stocks hesitant, dollar knocked after poor U.S. data

Asian stocks stuttered in early trade on Wednesday after downbeat U.S. manufacturing data raised concerns about the health of the world’s biggest economy, while the dollar retreated from 8-1/2-month highs. Japan’s Nikkei (.N225) dipped 0.2 percent, Australian stocks (.AXJO) lost 0.5 percent and South Korea’s Kospi (.KS11) shed 0.3 percent. The Dow (.DJI) and S&P 500 (.SPX) both gained about 1 percent on Tuesday thanks to a rebound in health and consumer shares.