Thursday 25 July 2013

Asian markets remains lower

Japan's Nikkei 225 and Hong Kong's Hang Seng index were half a percent lower each

Dow and S&P 500 slipped slightly on Wednesday, dragged down by Caterpillar, Broadcom and AT&T.
All three delivered results short of Wall Street's forecasts. Caterpillar also lowered its earnings and sales outlook for the year, which sent its stock 2.4% lower. It was the biggest loser in Dow.
Data later today is expected to show Britain's economy expanded at a faster pace in the second quarter.

Asian markets are mostly lower. Japan's Nikkei 225 and Hong Kong's Hang Seng index were half a percent lower each. South Korea's Kospi index is marginally up while China's Shanghai index is flat.

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