Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from global markets overnight, as traders reacted to some upbeat earnings from major US financial giants, while also being concerned about global growth outlook amid China's economic troubles. Asian markets closed mostly lower on Tuesday.
The Australian stock market is notably higher on Wednesday, recouping the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 7,300 level, following the broadly positive cues from global markets overnight, with gains across most sectors, led by technology stocks as well as mining and energy stocks amid a spike in commodity prices.
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