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Asian stock markets are mostly lower on Wednesday, following the broadly positive cues from Wall Street overnight, as weak crude oil and bullion prices triggered some heavy selling at several counters in energy and materials sectors.

Australian shares are trading modestly lower in choppy trading on Wednesday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling below the 7,400 level, following the broadly negative cues from global markets overnight, with losses in gold miners, technology and energy stocks amid tumbling gold and crude oil prices.

The Australian stock market is currently trading slightly higher on Monday after opening in the red, recouping the slight losses in the previous session, with the benchmark S&P/ASX 200 moving a tad above the 7,500.

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Mirroring the broadly positive cues from Wall Street overnight, Asian stock markets are trading mostly higher on Thursday, amid optimism about near-term rate cuts by the US Fed ahead of the release of key U.

The Australian stock market is modestly higher on Thursday, recouping the slight losses in the previous session, following the broadly positive cues from Wall Street overnight.

Australian shares are trading modestly lower on Wednesday, giving up some of the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,500 level, following the mixed cues from Wall Street overnight, with losses in mining and energy stocks partially offset by gains in technology stocks.

Asian stock markets are mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as traders look to book some profits after the recent strength in the markets and amid lingering uncertainty about the outlook for interest rates.

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...