Asian stocks mixed after Wall Street rises for 5th day

Asian stock markets are higher after Wall Street rose for a fifth day on strong corporate earnings

BEIJING -- Asian stocks rose Wednesday after Wall Street advanced for a fifth day on strong corporate earnings.

Shanghai, Tokyo, Hong Kong and Sydney advanced. Seoul declined.

Wall Street's benchmark S&P 500 index rose 0.7%, propelled by health care and tech stocks.

Asian markets took their "cue from extended gains on Wall Street following encouraging earnings results,” said Anderson Alves of ActivTrades in a report.