Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, with traders remaining cautious amid concerns about tighter monetary policies and the impact of higher rates on economic growth. Traders are also indulging in bargain hunting across various sectors. Asian markets closed mostly lower on Monday.
The Australian stock market is notably higher on Tuesday, snapping a four-session losing streak, with the benchmark S&P/ASX 200 moving above the 7,100 level, despite the broadly negative cues from Wall Street overnight, pushed up by gains in mining and financial stocks. The benchmark S&P/ASX 200 Index is gaining 40.30 points or 0.57 percent to 7,119.00, after touching a high of 7,125.70 earlier. The broader All Ordinaries Index is up 36.00 points or 0.50 percent to 7,300.10. Australian stocks closed modestly lower on Monday.
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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.