TOKYO - Global stocks mostly fell in thin trading Thursday, taking their cues from Wall Street’s tumble on Wednesday.
At around 8:10 a.m. Eastern, France’s CAC 40 lost 0.1 percent to 4,843, while Germany’s DAX fell 0.2 percent to 11,449. Britain’s FTSE 100, which ended the previous session at a record close, was unchanged at 7,106.
U.S. shares were expected to be flat on the open a day after the Dow Jones industrials suffered a triple-digit drop. Dow and S&P 500 futures were both nearly flat.
Japan’s benchmark Nikkei 225 slipped 1.3 percent to finish at 19,145, as the strengthening yen, which reduces export earnings, weighed on market sentiments. Australia’s S&P/ASX 200 recouped earlier losses and rose 0.3 percent to 5,699.
South Korea’s Kospi inched up 0.1 percent to 2,026. Hong Kong’s Hang Seng rose 0.2 percent to 21,795, while the Shanghai Composite lost 0.2 percent at 3,096. Shares were also lower in Taiwan.
Shares of Takata, the Japanese air bag manufacturer at the center of a massive recall, surged 16 percent amid speculation that it will reach a settlement as soon as next month with U.S. authorities on criminal charges related to its air bag troubles. Sixteen deaths around the world have been linked to Takata air bag inflators that can explode with too much force.
Toshiba’s shares plunged 17 percent, their third straight day of double-digit losses after the company said it anticipates huge losses related to its acquisition of Chicago Bridge & Iron.
Benchmark U.S. crude fell 9 cents to $53.97 a barrel in New York. Brent crude, used to price international oils, was up 14 cents to $56.36 a barrel in London.
In currency trading, the dollar fell to 116.60 yen from 117.62 yen late Wednesday in Asia. The euro fell to $1.0457 from $1.0468.