Asian stocks fall after China manufacturing weakens
ABC News
Asian stock markets are lower after Chinese manufacturing weakened and Russian shelling around Ukraine’s capital shook hopes of progress in peace talks
BEIJING -- Asian stock markets sank Thursday after Chinese manufacturing weakened and Russian shelling around Ukraine's capital shook hopes of progress in peace talks.
Shanghai, Hong Kong and Tokyo declined while Seoul gained. Oil fell more than $7 per barrel in New York but stayed above $100.
Wall Street's benchmark S&P 500 index fell 0.6% on Wednesday after U.S. economic growth was weaker than expected.
Russian forces shelled areas near Kyiv and another city Wednesday after Moscow said it would scale back operations there to promote trust. Negotiators were meeting in Turkey to try to end the five-week-old war.
