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Asian markets retreat as uncertainty about U.S.-China trade deal grows



Asian shares were mostly lower Thursday as optimism about progress in trade talks between the U.S. and China started wearing off.

Japan's benchmark Nikkei 225

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     NIK, -0.65%

slipped 0.8% in early trading. Australia's S & P / ASX 200

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     XJO, + 0.29%

edged up nearly 0.3% while South Korea's Kospi

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     SEU, -0.45%

which is slightly lower. Hong Kong's Hang Seng

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     HSI, -0.89%

dipped 0.5% while the Shanghai Composite

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     SHCOMP, + 0.14%

What about flat.

Among individual stocks, Renesas Electronics

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     6723, -14.62%

plunged into Tokyo after a report that the chip maker wants to stop production for two months, citing a slowdown in demand from China. Robotics maker Fanuc

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     6954, -2.80%

fell as well, along with Nintendo

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     7974, -1.93%

. In Hong Kong, ever-volatile Sunny Optical

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     2382, -5.61%

and AAC

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     2018, -3.89%

shares dropped, while real-estate stocks gained. Samsung

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     005930, + 1.02%

advanced in Korea, while Rio Tinto

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     RIO, -4.76%

slid in Australia.

On Wall Street, Health Care Companies stocks broadly lower Wednesday, giving the market its third straight loss. Technology and energy stocks thus increase the brunt of the selling, offsetting gains in materials and utilities companies. Several retailers so rose. Smaller companies fell more than the rest of the market.

The S & P 500

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     SPX, -0.65%

dropped 18.20 points, or 0.7%, to 2,771.45. The benchmark index is now on track for its first weekly decline since January. The Dow Jones Industrial Average

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     DJIA, -0.52%

fell 133.17 points, or 0.5%, to 25,673.46. The Nasdaq composite

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     COMP, -0.93%

Lost 70.44 points, or 0.9%, to 7,505.92.

Disappointing economic reports, uncertainty over trade and fears of a slowdown in economic growth have

"The dismal showing overnight by Wall Street. Jeffrey Halley, senior market analyst at OANDA.

At times, the market has also drawn optimism over the prospects that the US and China wants to resolve their trade dispute. U.S. Trump's private club in Mar-a-Lago, Florida.

Last year, Trumps imposed a series of tariffs on Chinese goods in pressuring Beijing. In June, the White House levied import taxes of 25% on $ 50 billion of Chinese imports. It followed in September with an additional $ 200 billion.

US investors were staying at a European Central Bank board meeting later in the day. crude

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     CLJ9, + 0.09%

gained 15 cents to $ 56.37 a barrel. It slid 0.6 percent to settle at $ 56.22 a barrel in New York Wednesday. Brent crude

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     LCOK9, + 0.33%

which is higher, adding 29 cents to $ 66.28 a barrel in London.

The dollar

                            
                            
                                  
      
      
      
      
      
      
      
      
      
                            
                                     USDJPY, -0.02%

fell to 111.66 yen from 111.86 yen Wednesday.

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