Asian stock markets are mixed in choppy trading on Tuesday, following mixed cues overnight from Wall Street. Markets are concerned that the passage of a fresh U.S. coronavirus relief package could cause inflation to soar. Investors are also worried that rising bond yields could hurt high-growth companies reliant on easy borrowing. Asian stocks also ended mostly lower in choppy trading on Monday.
The Australian stock market is higher on Tuesday, extending gains from the previous session, with the benchmark S&P/ASX 200 just below the 6,800 level, as a major survey showed that business confidence has rebounded to its highest level in a decade. Weakness among technology stocks were more than offset by gains in financial stocks.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.