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Australian PMI, Japanese PMI, Tesla, Alphabet earnings

Broadcast United News Desk
Australian PMI, Japanese PMI, Tesla, Alphabet earnings

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Aerial view of the central business district and Sydney Opera House on February 17, 2023.

David Gray | Getty Images News | Getty Images

Japan’s Nikkei 225 Index The index fell 0.19%, while the broad-based Topix index fell 0.35%. Preliminary data from au Jibun Bank showed the country Business activity has resumed growth.

Japan’s composite purchasing managers’ index for July was 52.6, up from 49.7 in June, which “indicates solid growth in Japan’s private sector,” the report said.

Late Tuesday, automaker Toyota Said to repurchase 806.85 billion yen ($5.17 billion) Its stocks come from major Japanese banks and insurance companies, including Tokio Marine, MUFG and Sumitomo Mitsui Financial Group.

The company said it was part of an “ongoing effort to reduce cross-shareholdings to create a lean balance sheet.” Toyota shares rose 0.74%.

In contrast, South Korea Kospi The Dow Jones Industrial Average rose 0.1%, while the small-cap Kosdaq gained 0.84%.

Heavyweight stock Samsung Electronics plunged 1.43 percent despite a Reuters report that chip giant Nvidia has approved its chips for use in processors for the Chinese market.

The South Korean electronics company is still grappling with a strike by its largest union. Tuesday’s talks yielded no results.According to the National Samsung Electronics Labor Union, which has about 30,000 members.

Australia S&P/ASX 200 The country’s retail sales fell 0.18% in July as private sector activity expanded at a slower pace. Composite Purchasing Managers Index Data from Juno Bank showed that the UK non-farm payrolls index fell to a six-month low of 50.2 from 50.7 in June.

In the United States, overnight S&P 500 It fell 0.16 percent to 5,555.74 points, a day after posting its best performance in more than a month.

this Nasdaq Composite Index It fell by 0.06%, while Dow Jones Industrial Average Down 0.14%.

—CNBC’s Alex Harring and Samantha Subin contributed to this report.

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