Asian stock markets fluctuated Tuesday, pausing from a powerful two-week rally fueled by optimism about company earnings.
Markets were narrowly mixed, with Tokyo's benchmark index weakening after a nine-day winning streak as investors awaited second-quarter results from Japan's Nissan, Sony and mega lender Mitsubishi UFJ Financial Group later in the week. Oil prices were steady above $68 a barrel.
Investors found little guidance from Wall Street, where stocks finished slightly higher after trading down for most of the session, caught between disappointing earnings from major U.S. companies and a spike in homes sales last month that suggested the recession is …
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