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Stock impact report

Premarket: World markets mostly lower after Wall Street snaps its recent rally [Globe and Mail, The (Toronto, Canada)]

Smith & Wesson Brands, Inc. (SWBI) 
In Asian trading, Japan's Nikkei 225 index shed 2.2 per cent to 38,820.49. The government issued revised figures showing the economy grew 0.1 per cent in the last quarter of the year, better than the minus 0.1 per cent reported earlier but lower than forecasts. That means the economy is not in a technical recession, though it's expanding at a snail's pace. Hong Kong's Hang Seng rose 1.4 per cent to 16,587.57 and the Shanghai Composite jumped 0.7 per cent to 3,068.46. China's National People's Congress concluded with a near unanimous show of support for the decisions set by top leaders of the ruling Communist Party. Elsewhere in Asia, South Korea's Kospi fell 0.8 per cent to 2,659.53 and the S&P/ASX 200 in Australia gave up 1.8 per cent to 7,704.20. On Friday, the S&P 500 fell 0.7 per cent from its all-time high set a day before. The Dow dropped 0.2 per cent and the Nasdaq composite slid 1.2 per cent. Shares initially climbed after mixed data on the U.S. job market bolster Show less Read more
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