Asia Markets: Asian markets mixed after Wall Street’s record highs

Asian markets were mixed in early trading Thursday, following record closing highs for U.S. stocks in a shortened trading day.

The rally follows a slight easing of trade tensions between the U.S. and China after they agreed to refrain from new tariffs pending a new round of negotiations. That has relieved some pressure on markets, though the trade war still overshadows the global economic outlook.

Japan’s Nikkei NIK, +0.24% rose 0.2% but Hong Kong’s Hang Seng Index HSI, -0.08% gave up early gains and was last down 0.1%. After starting the trading day flat, the Shanghai Composite SHCOMP, -0.27% and the smaller-cap Shenzhen Composite 399106, -0.50% each fell slightly.

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