People are reflected on an electronic board showing Japan's Nikkei average outside a brokerage at a business district in Tokyo August 14, 2017. — Reuters picHONG KONG, April 30 — Asian markets turned lower today as investors struggled to take the lead from a record performance on Wall Street and following below-forecast Chinese factory data.
In response the S&P 500 hit another record, helped by a string of outsized earnings from tech heavyweights including Apple, Facebook and Google. The group was told to heed the case of ecommerce titan Alibaba, which was hit with a record US$2.78 billion fine by regulators for abusing its dominant market position.
Paris rose in the first few minutes of trade after data showed the French economy returned to growth in the first quarter. London and Frankfurt also rose at the open.
Source: Financial Digest (financialdigest.net)
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