BEIJING – Asian stock markets were mixed Monday after Wall Street rose to a record on optimism the spread of coronavirus vaccines might allow global business to return to normal.
Tokyo and Seoul rose while India and Thailand retreated. Markets in Greater China and Australia were closed for holidays. “Asia is treading cautiously this morning” despite strong U.S.
jobs data and Wall Street's gain, said Jeffrey Halley of Oanda in a report. On Thursday, Wall Street’s benchmark S&P 500 index rose 1.2% on its last trading day before the holiday weekend, closing above 4,000 points for the first time.
Friday's closely watched U.S. government jobs report showed American employers added 916,000 more jobs than they cut last month.