Wednesday, November 27

Stock market: Asian shares mostly decline, as investors watch spending, inflation

Japan's benchmark Nikkei 225 dipped 0.4 per cent in morning trading to 33,479.71 after the producer price index in October came in a little higher than expected, at 2.3 per cent. In China, industrial profits declined less than last year, at minus 7.8 per cent in October. Wall Street ended last week mixed with a half-day trading session that capped a fourth straight winning week. The holiday shopping season kicked off with Black Friday amid concerns that spending may slow under pressure from dwindling savings, rising credit card debt and inflation.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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