Asian markets lower after Wall St record, China trade growth

Asian stock markets are mostly lower after Wall Street hit a new high and China reported a double-digit rise in exports

BEIJING -- Asian stock markets were mostly lower Monday after Wall Street hit a new high and China reported a double-digit rise in exports.

Tokyo, Hong Kong and Sydney declined while Shanghai advanced.

Wall Street's benchmark S&P 500 index rose 0.4% on Friday to a record for a seventh day after U.S. employers hired more people in October than expected.

China's October exports rose 27.1% over a year earlier, though that eased off the previous month's 28.1% growth, customs data showed Sunday.