Asian Equities Lower in Cautious Trade

Asian stock markets opened mostly lower on Thursday in what will likely be a quiet session amid a lack of catalysts.

“Asia remains in a state of stasis. There has been next-to-no news on the commodities front from China. Southeast Asia has seen a quiet period as it awaits the outcomes from Japan’s data drop [on Friday]” said Evan Lucas, market strategist at IG in a morning note.

U.S. stocks ended little moved on Wednesday, but the S&P 500 managed to close at a record high above 2,000 points for a second consecutive session.


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