Asian stocks: Japan rises after slightly better GDP, others hit by Fed fears

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Asian stocks: Japan rises after slightly better GDP, others hit by Fed fears

Investing.com-- Asian stocks were a mixed bag on Monday, with Japanese markets rising on a slightly positive revision in gross domestic product data, while other Asian markets sank on resurgent concerns over U.S. interest rates.Regional markets took a weak lead-in from Wall Street, which fell on Friday following a blowout nonfarm payrolls report. U.S. futures steadied in Asian trade.

Risk sentiment was also somewhat hit by the European Union elections, which showed a broader shift towards right-wing and far-right parties. French President Emmanuel Macron called for snap legislative elections later in June after his party was beaten by Marine Le Pen’s far-right party in the EU vote.

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