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18.08.2015 06:23 Global Stocks: Asian stocks declined despite gains in U.S. equities

Major U.S. stock indices declined at the beginning of Monday session as NY Fed Empire State manufacturing index dropped to -14.92 in August. However later on the indices rebounded and ended higher.

The Dow Jones Industrial Average rose 67.78 points, or 0.4%, to 17545.18. The S&P 500 gained 10.90 points, or 0.5%, to 2102.44. The Nasdaq Composite added 43.46 points, or 0.9%, to 5091.70.

This morning in Asia Hong Kong Hang Seng declined 0.08%, or 19.54 points, to 23,795.11. China Shanghai Composite Index fell 1.46%, or 58.34 points, to 3,935.33. The Nikkei lost 0.16%, or 33.59 points, to 20,586.67.

Gains in U.S. equities failed to support Asian stocks, which declined ahead of Fed Meeting Minutes release. Investors need to assess probability of a rate hike in September.

Japanese stocks traded mixed amid lack of new factors after Japan GDP data was published on Monday.

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