Asian stocks mixed ahead of U.S. inflation test

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Passersby wearing protective masks are reflected on an electronic board displaying stock prices outside a brokerage amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan, September 29, 2021. REUTERS/Issei Kato

HONG KONG, Nov 9 (Reuters) – Asian shares were mixed and U.S. treasury yields slipped on Tuesday as markets, boosted by the weekend passage of a long-delayed $1 trillion U.S. infrastructure bill, awaited the release of inflation data from the United States.

MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 0.2%. Japan’s Nikkei stock index (.N225) slid 0.68% while Australian shares (.AXJO) were down 0.24% as losses in the financial sector offset early gains among heavyweight mining stocks.

Elsewhere in Asia, China’s blue-chip CSI300 index (.CSI300) lost 0.2% as lingering worries about the real estate sector’s liquidity woes weighed on property stocks. Hong Kong’s Hang Seng index (.HIS) was down 0.11%. read…

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