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Asian stocks mixed amid US recovery worries

 People walk by the electronic stock board of a securities firm in Tokyo, Wednesday, July 14, 2010. The benchmark Nikkei 225 Average climbed 258.01 po...
 People wait for a traffic signal to change in front of the electronic stock board of a securities firm in Tokyo, Wednesday, July 14, 2010. The benchm...
 A man jogs past the electronic stock board of a securities firm in Tokyo, Wednesday, July 14, 2010. The benchmark Nikkei 225 Average climbed 258.01 p...
 Women watch the electronic stock board of a securities firm in Tokyo Thursday, July 15, 2010. The benchmark Nikkei 225 Average dropped 109.71 points,...

Japan World Markets

People walk by the electronic stock board of a securities firm in Tokyo, Wednesday, July 14, 2010. The benchmark Nikkei 225 Average climbed 258.01 po...

Japan World Markets

People wait for a traffic signal to change in front of the electronic stock board of a securities firm in Tokyo, Wednesday, July 14, 2010. The benchm...

Japan World Markets

A man jogs past the electronic stock board of a securities firm in Tokyo, Wednesday, July 14, 2010. The benchmark Nikkei 225 Average climbed 258.01 p...

Japan World Markets

Women watch the electronic stock board of a securities firm in Tokyo Thursday, July 15, 2010. The benchmark Nikkei 225 Average dropped 109.71 points,...

Asian stock markets were mixed in early trading Friday as a drop in U.S. factory output fueled concern over the strength of a recovery in the world's biggest economy.
Japan's benchmark Nikkei 225 stock index lost 64.52 points, or 0.7 percent, to 9,621.01.
South Korea's Kospi shed 0.1 percent to 1,749.33, and Australia's S&P/ASX 200 was up 0.2 percent at 4,464.60.
Sentiment was sluggish across Asia as the U.S. government said Thursday its factory output dropped 0.4 percent in June, the most in a year, because of a slump in production of automobiles, home-building materials and processed food.
The disappointing output figure, marking the first decline in four months, sent U.S. stocks falling overnight as the Dow Jones industrial average lost 7.41 points, or 0.07 percent, to 10,359.31 on Thursday.
Apart from falling factory output, two U.S. regional manufacturing indexes sank in July, raising concern the U.S. economic recovery may be stalling.


Updated : 2021-05-16 05:55 GMT+08:00