Asian stock markets are a sea of red on Tuesday, following the broadly negative cues from Wall Street overnight, on rising treasury yields and as a stronger dollar weighed on commodity prices that took down materials and energy stocks. Traders also react to some economic data from the region. Asian markets closed mixed on Monday.
Traders now look ahead to the release of the US Labor Department's closely watched monthly jobs report on Friday, for more clues on interest rate outlook.
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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.