Reported 8 months ago
In the stock market today, Asian shares were mostly lower as China reported that factory output slowed in May, with the property market still struggling. Tokyo's Nikkei 225 index lost 1.8%, Seoul's Kospi declined 0.5%, and Shanghai Composite index shed 0.6%. China's factory output fell 5.6% in May, and property investments dropped 10%, indicating challenges in the economic sector. U.S. stocks remained near record levels, with the S&P 500 and Dow down 0.1% on Friday, while the Nasdaq composite added 0.1%.
Source: YAHOO