Stock market today: Asian stocks log modest gains as economic data are mixed for Japan and China

Asian stocks are mostly higher after Japan and China reported data reflecting relatively sluggish growth for Asia’s two largest economies. The euro rose after the far-right National Rally gained a strong lead in first-round legislative elections, while the Japanese yen fell, trading at about 161 yen to the dollar. U.S. futures and oil prices rose. On Friday the S&P 500 slipped 0.4% but remained close to the record high it set a week earlier. The Nasdaq composite fell 0.7% and the Dow slipped 0.1%. Treasury yields rose in the bond market after a closely watched report that showed inflation continues easing.Read More