Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight and as traders remain concerned about the health of China, the world's second largest economy, after a leading property developer Country Garden faced a potential bankruptcy that could shake the stuttering Chinese economy. Asian markets closed mostly lower on Monday.
The Australian stock market is modestly higher on Tuesday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 moving a tad above the 7,300 level, following the broadly positive cues from Wall Street overnight, boosted by gains in financial and technology stocks, which mirrored their peers on the tech-heavy Nasdaq.
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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.