Stock market today: Asia stocks mixed after Wall Street slumps to worst day in weeks

Stock market today: Asia stocks mixed after Wall Street slumps to worst day in weeks

SeattlePI.com

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Asia stocks are mixed after tumbling Big Tech stocks dragged Wall Street to its worst day in three weeks. U.S. futures and oil prices rose. Hong Kong’s benchmark rebounded 1.9% while Shanghai was 0.1% lower ahead of reports by top Chinese economic officials on the sidelines of the annual session of the National People's Congress. On Tuesday, the S&P 500 fell 1%, its second straight drop after closing Friday at an all-time high. The Dow Jones Industrial Average lost 1% and the Nasdaq composite led the way lower with a drop of 1.7%. Apple was one of the heaviest weights on the market. Bitcoin touched a record high before tumbling.

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