Stock markets today: Asia mixed ahead of US earnings

Stock markets today: Asia mixed ahead of US earnings

SeattlePI.com

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Asian stocks are mixed after Wall Street edged higher as investors awaited U.S. earnings reports and an update on economic growth. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices were little changed. Wall Street’s benchmark S&P 500 index gained 0.1% after Coca-Cola Co. announced better quarterly profits than expected. Some 170 of the biggest U.S. companies are due to report earnings this week. Also this week, U.S. government data are expected to show economic growth is slowing following repeated interest rate hikes to cool stubbornly high inflation.

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