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Asian Stocks Mixed After U.S. Rally to Record High: Markets Wrap

  • S&P 500 hit fresh peak, aided by robust data, virus optimism
  • Volumes thinned, many markets closed or truncated on Dec. 24
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WATCH: Joyce Chang of JPMorgan explains why she expects international equities to outperform U.S. stocks next year.

Source: Bloomberg
Updated on

Asian stocks were mixed Friday after failing to harness a tailwind from the U.S., where the S&P 500 hit an all-time high amid optimism that economic growth will weather the omicron coronavirus outbreak.

Shares fell in Japan and China, while casino firms rallied in Hong Kong on favorable results from Macau license-renewal hearings. Volumes have thinned and many markets are closed or truncated on Christmas Eve.