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Asian Shares Fall With Nikkei 225 Down More Than 1% As Nonfarm Payrolls Awaited

Published 02/01/2018, 11:16 PM
© Reuters.  Asian shares down
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Investing.com - Stocks fell in Asia On Friday with markets cautious on rising US Treasury yields and ahead of US nonfarm payrolls data for clues on the path of Fed rate hikes in 2018.

In Japan, the Nikkei 225 fell 1.06%. Shares of Nomura Holdings were down 3.58%, underperforming other financials, after the company announced third-quarter earnings on Thursday. Net income for the quarter rose around 25% on year to ¥88 billion ($804.8 million).

Australia's S&P/ASX 200 gained 0.43%. Australia reported producer prices rose 0.6% on quarter and at a 1.7% pace on year, both above expectations. A

In Greater China, the Shanghai Composite fell 0.41%nd the Hang Seng index rose 0.06%.

According to a Reuters survey of economists, nonfarm payrolls probably rose by 180,000 jobs in January after increasing by 148,000 in December.

Overnight, the S&P 500 declined 0.1 percent to close at 2,821.98 after rising as much as 0.4%. The Nasdaq composite fell 0.4% to 7,385.86. The Dow Jones industrial average closed 37.32 points higher at 26,186.71. It rose as much as 157.31 points and traded as much as 134.95 points lower.

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