(RTTNews) - Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues overnight from Wall Street, as traders reacted positively to some of the latest corporate earnings news and also picked up stocks at a bargain after the recent drop in the market. Asian Markets closed mixed on Tuesday. The continued escalation in the Russia-Ukraine conflict and the prospects of increasing stringent sanctions to be imposed on Russia by the Western countries rendered the mood cautious. The strict restrictions on movements in several parts in China to curb the spread of the pandemic have also raised supply chain concerns.
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