Stock market today: Asian stocks mixed after Wall St hits 15-month high ahead of holiday
Asian stock markets are mixed after Australia's central bank kept its key lending rate unchanged and Wall Street hit a 15-month high
BEIJING (AP) — Asian stock markets were mixed Tuesday after Australia's central bank kept its key lending rate unchanged and Wall Street hit a 15-month high.
Tokyo and Seoul retreated. Hong Kong and Sydney advanced. Shanghai was unchanged. Oil prices rose after Saudi Arabia and Russia said they are extending cuts to the amount of oil they pump to the world to try to prop up prices..
Wall Street's benchmark S&P 500 index lost 0.1% on Monday ahead of a report this week on U.S. employment, one of the factors watched by the Federal Reserve in deciding on possible additional interest rate hikes.
The Shanghai Composite Index held steady at 3,243.86 while the Nikkei 225 in Tokyo shed 0.9% to 33,445.55. The Hang Seng in Hong Kong advanced 0.4% to 19,393.33.
