Asia Stocks Follow U.S. Peers Lower; Bonds Steady: Markets Wrap

Shares in Japan, Hong Kong and Korea retreated after weaker than expected data from Europe and the U.S. reignited worries about the world economy. U.S. durable goods orders were below expectations and home sales missed estimates. President Donald Trump plans to meet with China’s top trade negotiator Friday afternoon as the U.S. tries to forge a preliminary deal with its biggest economic rival, two people familiar with the matter said.

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