Asian Shares Fall — China reported disappointing trade data for July — Trade growth now appears to be on a downward trend

Peace and Freedom

TOKYO — Shares mostly fell Tuesday in Asia, rapidly erasing initial gains that followed record highs on Wall Street after China reported disappointing trade data for July.

KEEPING SCORE: Japan’s benchmark Nikkei 225 slipped 0.3 percent to finish at 19,996.01, while Australia’s S&P/ASX 200 lost 0.5 percent to 5,743.80. South Korea’s Kospi edged 0.1 percent lower to 2,396.44. Hong Kong’s Hang Seng added 0.4 percent to 27,811.10, while the Shanghai Composite was down 0.1 percent, at 3,274.92.

WALL STREET: Gains in technology companies helped lift U.S. stock indexes, nudging the market once again into record territory. The S&P 500 index rose 0.2 percent to a record 2,480.91. The Dow gained 0.1 percent to 22,118.42, an all-time high. The Nasdaq composite added 0.5 percent, to 6,383.77.

CHINA TRADE: China’s trade growth weakened in July in a negative sign for the country’s…

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