Asian stock markets remain cautious despite strong US data, Wall Street rally
Asian stock markets remain cautious despite strong US data, Wall Street rally
BANGKOK — Asian stock markets mostly retreated Thursday as caution prevailed despite a ninth day of gains on Wall Street and a bump up in U.S. retail sales.
Stocks in Hong Kong fell as a result of investor disappointment as the annual National People’s Congress in Beijing heads toward its conclusion without having announced policy moves to stimulate the economy. The Hang Seng fell 0.7 percent to 22,395.50.
Read more: Asian stock markets remain cautious despite strong US data, Wall Street rally
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