Asian stocks mixed amid concern over coronavirus hotspots.

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A man rides bicycle past an electronic stock board showing Japan’s Nikkei 225 and other Asian index at a securities firm in Tokyo Thursday, June 18, 2020. Shares fell Thursday in Asia after another day of wobbly trading on Wall Street Wednesday, as markets ease off the accelerator following their big rally.

Eugene Hoshiko.

A man stands in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm as a car passes by in Tokyo Thursday, June 18, 2020. Shares fell Thursday in Asia after another day of wobbly trading on Wall Street Wednesday, as markets ease off the accelerator following their big rally.

Eugene Hoshiko.

Women walk past an electronic stock board showing Japan’s Nikkei 225 and New York Dow indexes at a securities firm in Tokyo Thursday, June 18, 2020. Shares fell Thursday in Asia after another day of wobbly trading on Wall Street Wednesday, as markets ease off the accelerator following their big rally.

Eugene Hoshiko.

A woman stands near an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Thursday, June 18, 2020. Shares fell Thursday in Asia after another day of wobbly trading on Wall Street Wednesday, as markets ease off the accelerator following their big rally.

Eugene Hoshiko.

A woman walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Thursday, June 18, 2020. Shares fell Thursday in Asia after another day of wobbly trading on Wall Street Wednesday, as markets ease off the accelerator following their big rally.

Eugene Hoshiko.

Meric Greenbaum, with IMC, is seen behind one of the newly installed plastic barriers at trading posts on the floor of the New York Stock Exchange, as specialists returned to the partially reopened trading floor, Thursday, June 18, 2020. Wall Street is dipping modestly in early trading on Thursday as rising infection levels of the coronavirus in hotspots around the world get markets more cautious.

HONS.

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, June 19, 2020. Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.

Lee Jin-man.

Currency traders work near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, June 19, 2020. Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.

Lee Jin-man.

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Friday, June 19, 2020. Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.

Lee Jin-man.

A currency trader watches computer monitors at the foreign exchange dealing room in Seoul, South Korea, Friday, June 19, 2020. Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.

Lee Jin-man.

A currency trader watches computer monitors at the foreign exchange dealing room in Seoul, South Korea, Friday, June 19, 2020. Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.

Lee Jin-man.

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BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.

Tokyo and Shanghai advanced while Hong Kong and Seoul retreated.

Global markets have recovered most of this year’s losses as investors look ahead to a possible rebound from the deepest economic slump since the 1930s. But analysts say gains might be too big and too fast to sustain. Enthusiasm has been dented by rising infections in Brazil, some U.S. states and other areas.

Asian investors “will feel encouraged” by China’s quick response to this week’s coronavirus cases in Beijing, but sentiment “remained toned down” following a surge in U.S. infections, said Stephen Innes of AxiTrader Corp. in a report.

The Shanghai Composite Index rose 0.4% to 2,951.39 and the Nikkei 225 in Tokyo added 0.1% to 22,385.10. The Hang Seng in Hong Kong lost 0.1% to 24,427.41 and Seoul’s Kospi shed 0.4% to 2,121.51.

The S&P-ASX 200 in Australia added 0.8% to 5,986.80. New Zealand advanced while Singapore declined.

On Thursday, Wall Street’s benchmark S&P 500 edged up by 0.1% to 3,115.34 after flipping between small gains and losses through the day.

The Dow Jones Industrial Average slipped 0.2% to 26.080.10, and the Nasdaq composite rose 0.3% to 9,943.05.

Markets worldwide gained after unexpectedly strong U.S. jobs and retail sales data fueled hopes the world’s biggest economy can pull out of its recession as governments ease up on anti-virus measures.

“There has been a more broad-based improvement in growth trends around the world,” said Morgan Stanley economists in a report. “High frequency indicators suggest that we are seeing a further acceleration in growth in June as compared to May.”

Investor enthusiasm has been dented, however, by concern rising infections in some U.S. states, Brazil and other regions might prompt consumers and businesses to pull back spending even if sweeping lockdowns aren’t reimposed.

Sentiment also has been supported by aid from central banks.

On Thursday, the Bank of England increased the size of its bond-buying program to keep interest rates low. A day earlier, the Federal Reserve said it will keep interest rates close to zero and purchase a wider range of bonds to inject money into the financial system.

The S&P 500 has cut its loss for the year to 8%.

In energy markets, benchmark U.S. crude gained 33 cents to $39.17 per barrel in electronic trading on the New York Mercantile Exchange. The contract settled Thursday at $38.84. Brent crude, the benchmark for international prices, advanced 29 cents to $41.80 per barrel in London. It settled at $41.51 per barrel the previous session.

The dollar gained to 109.91 yen from Thursday’s 109.85. The euro was little-changed at $1.1213.

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