Asian Stocks Slide as Nasdaq and S&P 500 Rise
Asian markets opened lower on Tuesday, October 20, while Wall Street posted overnight gains. The Nasdaq rose 1.11% and the S&P 500 gained 0.41%.
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Asia shares weaker, oil up on Saudi-Houthi tensions, Gulf storm threat
Asian markets were weaker as investor confidence flagged, while oil prices rose due to a storm threat in the Gulf of Mexico and escalating Saudi-Houthi tensions. MSCI's broadest index of Asia-Pacific shares excluding Japan fell 0.5%.