Asia shares slip as U.S. earnings disappoint, dollar gains

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Asia shares slip as U.S. earnings disappoint, dollar gains

[Reuters] - Asian shares flirted with three-week lows on Wednesday after a dour start to Wall Street's corporate earnings season knocked U.S. stocks, while the dollar and Treasury yields rose on growing expectations of a U.S. rate hike in December. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent while Japan's Nikkei futures (JNMcm1) slipped 0.7 percent. On Wall Street, U.S. S&P 500 Index (.SPX) fell 1.2 percent to near one-month low, and dipped below its 100-day moving average - seen as a major support - for the first time since June.

Asia shares slip as U.S. earnings disappoint, dollar gains - Yahoo Finance
 
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