Stock Market Today Asian Shares Are Mixed After Wall Street Suffers Worst Loss Since Election Day

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stock market today asian shares are mixed after wall street suffers worst loss since election day

Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day.

U.S. futures were higher, with the SP 500 contract up 0.3 and that for the Dow Jones Industrial Average up 0.1 as speculation mounted over who President-elect Donald Trump might nominate to be his Treasury secretary .

Japan's Nikkei 225 index dropped 1.1 to 38,220.85 as the yen initially regained some strength against the U.S. dollar after the central bank governor, Kazuo Ueda, indicated that the Bank of Japan will continue to raise interest rates as conditions permit.

The dollar inched up to 154.58 Japanese yen from 154.54 yen late Friday. It had been trading above 156 yen last week.

South Korea's Kospi jumped 2.2 to 2,469.07 after Samsung Electronics, the country's biggest company, announced a share buyback plan. Samsung's shares jumped 6.