Asian shares are lower Friday after an early rally on Wall Street suddenly vanished, the latest example of how fragile the hopes underpinning the stock market’s monthlong recovery are.
Japan’s benchmark Nikkei 225 slipped 0.9% to finish at 19,262.00. South Korea’s Kospi lost 1.3% to 1,889.01, while Australia’s S&P/ASX 200 climbed 0.5% to 5,242.60. Hong Kong’s Hang Seng fell 0.4% to 23,878.54, while the Shanghai Composite lost 1.1% to 2,808.53.
In India, the Sensex lost 0.6% to 31,704.37. Shares fell in Taiwan and Southeast Asia.