Asian stock markets are mostly higher on Wednesday, following the broadly positive cues overnight from Wall Street, on continued bargain hunting and as traders digest the latest batch of quarterly earnings news, with strong gains in technology and financial stocks partially offset by weakness in energy stocks as oil prices fell sharply for a second straight session. Asian Markets closed mostly higher on Tuesday.
Meanwhile, lingering worries about the surge in cases of the coronavirus omicron variant in several countries continues to impact market sentiment.
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Business News
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.