From Yahoo Finance: 2024-05-08 03:02:28

Asian shares were mixed as U.S. stocks remained steady, but U.S. futures and oil prices dipped. Tokyo’s Nikkei 225 fell 1.6%, with Nintendo Co. plummeting 5.4%. Sony Corp. dropped 5% amid speculation of a potential buyout of Paramount Global. Japanese officials are monitoring the yen’s weakness, which fell to 155.20 per dollar. Hong Kong’s Hang Seng and Shanghai Composite also declined. U.S. stocks saw modest gains, with Disney falling 9.5% despite strong results. Investors are cautious amid concerns of overpriced markets and rising interest rates. Oil prices dipped slightly, as did the euro against the dollar.



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