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Asia stocks mixed after Wall St slips, China travel curbs

Asia stocks mixed after Wall St slips, China travel curbs

ABC News
Monday, October 25, 2021 06:14:12 AM UTC

Asian stock markets are mixed after Wall Street slipped and China tightened travel controls in some areas in response to coronavirus infections

BEIJING -- Asian stock markets were mixed Monday after Wall Street slipped and China tightened travel controls in some areas in response to coronavirus infections.

Shanghai, Hong Kong and Sydney advanced. Tokyo declined.

Wall Street’s S&P 500 index lost 0.1% on Friday, weighed down by losses for tech companies after a seven-day streak of gains.

The Chinese capital, Beijing, banned visitors from areas with infections in the past 14 days and Gansu province in the northwest closed tourist sites after coronavirus cases were found. China has reported a few dozen cases, but Beijing’s response of curbing travel prompted concern that might weigh on economic activity that already is weakening.

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