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Asian markets lower after Wall St record, China trade growth

Asian markets lower after Wall St record, China trade growth

ABC News
Monday, November 08, 2021 09:37:36 AM UTC

Asian stock markets are mostly lower after Wall Street hit a new high and China reported a double-digit rise in exports

BEIJING -- Global stock markets and Wall Street futures declined Monday after stronger U.S. hiring and a double-digit rise in Chinese exports.

London and Frankfurt opened lower. Tokyo, Hong Kong and Sydney declined while Shanghai advanced.

U.S. employers hired more people than expected in October, according to government data released on Friday.

China’s October exports rose 27.1% over a year earlier, though that eased off the previous month’s 28.1% growth, customs data showed Sunday.

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