Stock market today: Asian stocks drift after Wall Street closes another winning week
by Zimo Zhong
May 13, 2024
3 minutes
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Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week.
U.S. futures were mixed and oil prices fell.
The release of weak Chinese lending data and news that the U.S. government plans to raise tariffs o a raft of Chinese exports were weighing on sentiment.
Japan’s benchmark Nikkei 225 shed 0.4% to 38,068.88. The country's first quarter economic growth figures are due to be released on Thursday.
Hong Kong’s Hang Seng rose
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