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Asian stocks quiet on Washington shutdown worries

6:17 AM, Sep 30, 2013   |    comments
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TOKYO (AP) - Asian stocks were mostly down today, though only slightly, as jittery investors watched the U.S. government near a shutdown.

Tokyo players were also awaiting a decision expected tomorrow by the Japanese government on raising the consumption tax.

Adding to the indecisiveness are mixed signals about the American economy. A government report last week showed incomes and consumer spending grew only slightly last month, raising questions about a recovery.

The dollar fell against the yen and was little changed against the euro.

Benchmark crude oil fell below $102 per barrel.

Associated Press

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