Asian markets dip lower after weak US data stirs economic concerns

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Asian markets dip lower after weak US data stirs economic concerns

Hong Kong (CNN Business)Asian markets dipped Wednesday after the United States reported particularly dour manufacturing data — a potentially troubling sign for the global economy.

Japan’s Nikkei (N225) was down 0.6%, while South Korea’s Kospi (KOSPI) sank 1.4%.
Hong Kong’s Hang Seng (HSI) dropped 0.4% following an intense day of protests in the Asian financial hub. The market was closed Tuesday to mark the 70th anniversary of the founding of the People’s Republic of China, and protesters clashed with police and residents across multiple districts.