Asian stock markets are displaying a mixed trend on Monday, with stimulus optimism tempered by inflation concerns and following uncertain cues from Wall Street Friday.
Asian stock markets are mostly lower on Friday following the negative cues overnight from Wall Street as a report showing U.S. initial jobless claims rose more than expected stoked worries about the fragile economic recovery.
Asian stock markets are mostly higher on Wednesday even as U.S. stocks closed little changed overnight. Optimism about more fiscal stimulus and the slowdown in coronavirus infection rates in different parts of the world supported the markets.