Japan’s benchmark Nikkei index extended losses by 1 percent in choppy trade on Tuesday as nervousness set in following the dollar’s decline below the 100 yen level.
The yen rose to the 99.4 handle against the U.S. dollar after a report from the Institute for Supply Management on Monday showed activity in the U.S. manufacturing sector contracted in May.
Elsewhere, Sydney’s benchmark S&P ASX 200 index dipped 0.3 percent after a positive start and South Korea’s Kospi edged up 0.2 percent.
A late-day bounce on Wall Street was unable to propel Asian markets higher. The Nasdaq reversed its losses and the Dow Jones Industrial Average enjoyed its best session in a month.
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