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Stock impact report

Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5% [Financial Post (Toronto, Ontario, Canada)]

Smith & Wesson Brands, Inc. (SWBI) 
Company Research Source: Financial Post
Japan's Nikkei 225 index shed 2.5% to 38,704.10. The government issued revised figures showing the economy grew 0.1% in the last quarter of the year, better than the minus 0.1% reported earlier but lower than forecasts. Article content 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 0.9% to 16,498.79 and the Shanghai Composite slipped 0.1% to 3,043.67. Article content China's National People's Congress wraps up later Monday with no major changes of policy expected. The mostly ceremonial body endorses decisions set by top leaders of the ruling Communist Party. Elsewhere in Asia, South Korea's Kospi fell 0.2% to 2,670.75 and the S&P/ASX 200 in Australia gave up 1.5% to 7,727.60. On Friday, the S&P 500 fell 0.7% from its all-time high set a day before, closing at 5,123.69. The Dow dropped 0.2% to 38.722.69, and the Nasdaq slid 1.2% to 16,085.11. Shares initially climbed after mixed data on the U. Show less Read more
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