Stock market today: Asian stocks are mixed after Wall Street's post-election bonanza wanes
Asian shares are mostly higher after U.S. stocks slipped as the rally following Trump’s election victory cooled further. U.S. futures and oil prices were lower. The Nikkei 225 index rose as the yen continued dropping, fueling exporters’ sales. Japan’s third-quarter gross domestic product grew 0.9% year-on-year even after the Bank of Japan raised its key interest rate from 0.1% to 0.25% in July. On Thursday, the S&P 500 dipped 0.6% and the Dow Jones Industrial Average dropped 0.5%. The Nasdaq composite sank 0.6%. Several areas of the market that had bounced highest following Trump’s election reversed their momentum and led the way lower.