Asian stocks ended mixed on Tuesday as Chinese growth concerns persisted and investors waited for further direction from Federal Reserve Chair Jerome Powell, who will testify before Congress on Wednesday. A cautious undertone prevailed due to a federal holiday in the U.S. on Monday.
The dollar traded higher after a meeting between Chinese leader Xi Jinping and U.S. Secretary of State Antony Blinken yielded no signs of progress from either side on a range of bilateral issues. However, both sides indicated a willingness to cooperate.
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