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Asian markets mixed; Nikkei up as ugly export data not as bad as feared

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Asian markets were mixed in early trading Wednesday, after the S&P 500 closed at a new record about five months after massive losses caused by coronavirus fears.

Japan’s Nikkei 225
NIK,
+0.22%

advanced 0.2% after data showed Japanese exports in July slid 19.2% from a year earlier. While bad, the numbers were better than expected, and exports to China rose for the first time in seven months.

The Shanghai Composite
SHCOMP,
-0.30%

fell 0.3% and the Shenzhen Composite
399106,
-0.85%

slid 0.9%. South Korea’s Kospi
180721,
+0.86%

gained 1% while benchmark indexes in Taiwan



Source marketwatch.com

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