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Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data
- Japanese shares fell on June 6, 2025, with automakers leading declines on the Tokyo Stock Exchange.
- The drop followed weak U.S. Economic data showing the smallest payroll gain since March 2023 and a contracting service sector.
- Suzuki halted Swift production due to China's rare-earth export restrictions, while Toyota and Honda were pressured by a stronger yen hitting 142.6 against the dollar.
- The Nikkei closed down 0.51% at 37,554.49, with automakers and parts makers down 4.66%, while Advantest and Tokyo Electron rose 4.57% and 3.78% respectively, providing key support.
- Market analyst Shuutarou Yasuda noted unexpected weak U.S. Data made investors cautious ahead of Friday's employment report, affecting Japanese equities outlook.
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Japan’s Nikkei Stock Average Shares End Lower on Caution over US Economic Outlook
TOKYO, June 5 (Reuters) - Japanese shares ended lower on Thursday, with automakers leading the declines, as weak U.S. economic data fueled caution toward the outlook of the world's largest economy.
·Japan
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Associated Press News+19 Reposted by 19 other sources
Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data
Asian shares are trading mixed, as Wall Street’s big recent rally lost some momentum following a pair of potentially discouraging reports on the American economy.
·United States
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Total News Sources24
Leaning Left7Leaning Right4Center9Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 35%
C 45%
R 20%
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