Posted 2/29/2024, 3:33:00 AM
Asian Markets Mixed After Wall Street Slip; Hong Kong Surges While Tokyo Slides on Weak Data
- Asian markets mixed after Wall Street stocks slip lower; Tokyo down while Hong Kong surges
- Japanese data shows steep factory output decline in January but better-than-expected retail sales
- Chinese markets jump over 1.5% after regulators announce measures to support markets
- S&P 500 extended quiet run after slipping 0.2% on Wednesday, tech stocks weighed down indexes
- Oil prices edged lower, with U.S. crude dipping below $78.50 and Brent crude falling under $82