Asian Markets Mostly Higher
CANBERA (dpa-AFX) - Asian stock markets are mostly higher on Wednesday following the broadly positive lead overnight from Wall Street. The positive trend in global stock markets following a pullback by long-term treasury yields ahead of auctions in the coming days and greater momentum in vaccination drive aided sentiment. Technology stocks are tracking overnight gains on Wall Street. Asian markets saw a mixed close on Tuesday.
The Australian stock market pared early gains and is edging down on Wednesday, with the benchmark S&P/ASX 200 below the 6,800 level, after two straight days of gains, despite positive cues overnight from Wall Street.