Asian markets were little changed in early trading Friday, after stocks fell on Wall Street as the stalemate over a second coronavirus-aid plan continued to fester on Capitol Hill.
Japan’s Nikkei 225 NIK, +0.17% was nearly flay, while Hong Hong’s Hang Seng Index HSI, -0.18% slipped 0.2%.
The Shanghai Composite SHCOMP, +1.18% fell 0.2% and the Shenzhen Composite 399106, +1.25% dipped 0.1%.
South Korea’s Kospi 180721, -1.23% sank 1.4% while benchmark indexes in Taiwan Y9999, +0.25% , Singapore STI, -0.56% , Malaysia FBMKLCI, -0.75% and Indonesia JAKIDX, +0.16% were mixed.
Asian stocks were muted as U.S. lawmakers’ “political grandstanding delay is posing some risk for the global recovery,” wrote Stephen Innes, chief global markets strategist at AxiCorp, in a note.