Asian stock markets are mostly lower on Monday following mixed cues from Wall Street on Friday, with only the tech-heavy Nasdaq moving higher. Technology and oil stocks are offering some support, while investors continue to be concerned about a recent surge in global bond yields and the prospects of a global economic recovers. Asian markets closed mostly lower on Friday.
The Australian stock market is higher on Monday, shrugging off early losses, with the benchmark S&P/ASX 200 bouncing back from three-week lows to stay above the 6,700 level, as weakness in materials and financials were more than offset by gains energy and technology stocks.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.