BEIJING — Asian stock markets advanced Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand.
The Nikkei 225 NIK in Tokyo inched 0.1% higher. The Shanghai Composite Index SHCOMP advanced 0.6% while the Hang Seng HSI in Hong Kong rose about as much. On Wednesday, the Federal Reserve is due to give insight into its decision-making by releasing minutes of its latest policy meeting.
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