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Asian stocks rise after Wall St slips closer to bear market

In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Michael Urkonis works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader James Conti works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Michael Urkonis works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader James Conti works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Michael Urkonis works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader James Conti works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Michael Urkonis works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader James Conti works on the floor, Friday, May 20, 2022. The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Michael Urkonis works on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader James Conti works on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Michael Urkonis works on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader James Conti works on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, a pair of traders work on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Michael Urkonis works on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader James Conti works on the floor, Friday, May 20, 2022. Another drop for stocks on Friday has pushed the S&P 500 index 20% below its peak set early this year. (Allie Joseph/New York Stock Exchange via AP) FILE - The New York Stock Exchange operates during normal business hours in the Financial District, Wednesday, Oct. 13, 2021, in the Manhattan borough of New York. Stocks are off to a solid start on Wall Street Friday, May 20, 2022 but are still headed for another week of declines following a massive pullback two days ago. (AP Photo/John Minchillo, File) FILE - The New York Stock Exchange operates during normal business hours in the Financial District, Wednesday, Oct. 13, 2021, in the Manhattan borough of New York. Stocks are off to a solid start on Wall Street Friday, May 20, 2022 but are still headed for another week of declines following a massive pullback two days ago. (AP Photo/John Minchillo, File) FILE - The New York Stock Exchange operates during normal business hours in the Financial District, Wednesday, Oct. 13, 2021, in the Manhattan borough of New York. Stocks are off to a solid start on Wall Street Friday, May 20, 2022 but are still headed for another week of declines following a massive pullback two days ago. (AP Photo/John Minchillo, File) FILE - The New York Stock Exchange operates during normal business hours in the Financial District, Wednesday, Oct. 13, 2021, in the Manhattan borough of New York. Stocks are off to a solid start on Wall Street Friday, May 20, 2022 but are still headed for another week of declines following a massive pullback two days ago. (AP Photo/John Minchillo, File) FILE - The New York Stock Exchange operates during normal business hours in the Financial District, Wednesday, Oct. 13, 2021, in the Manhattan borough of New York. Stocks are off to a solid start on Wall Street Friday, May 20, 2022 but are still headed for another week of declines following a massive pullback two days ago. (AP Photo/John Minchillo, File) A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), center left, and the exchange rate of South Korean won against the U.S. dollar, center right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, May 20, 2022. Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. (AP Photo/Ahn Young-joon) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, May 20, 2022. Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. (AP Photo/Ahn Young-joon) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, May 20, 2022. Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. (AP Photo/Ahn Young-joon)
Asian stocks rise after Wall St slips closer to bear market