Asian Shares Fall After US Rally Ends
Asian shares fell after U.S. stocks snapped a three-day winning streak, dragged by record oil inventories. Japan's Nikkei 225 dropped after the yen rallied on Thursday, hurting prospects of the country's export-oriented companies.
Japan's Nikkei 225 fell 1.4 percent and Australia's ASX 200 fell 0.4 percent. South Korea's KOSPI 200 was little changed and Singapore's STI rose 1.7 percent.
In the U.S., the Dow Jones Industrial Average fell 0.3 percent, the Standard & Poor's 500 0.5 percent and the Nasdaq Composite 1 percent.