Asian shares were mixed today (November 6th) despite a record close at the previous session on Wall Street.
The Dow and S&P 500 soared after Republicans took control of the US Congress and a report by payrolls processor ADP revealed that US private employers added 230,000 jobs in October.
This beat analysts' forecasts of 220,000 jobs added for the month of October, Bloomberg reports.
Tokyo slipped 0.86 per cent to finish at 16,792.48, as profit-taking sent the Nikkei to its first loss since last week.
Sydney slipped 0.21 per cent to 5,506.1, while Seoul rose 0.26 per cent to close at 1,936.48 and Shanghai added 0.27 per cent to 2,425.86. HongKong ended 0.2 per cent down to 23,649.31.
Investor's focus is now on the release tomorrow of a Labor Department report, which is expected to show the jobless rate held at a six-year low of 5.9 per cent.
Learn about the Asian markets and CFD trading at City Index.
GAIN Capital UK Limited (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.
No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.