Asian Stocks End Mixed; Europe Gains - TheStreet

Asian Stocks End Mixed; Europe Gains

Stocks in Asia ended mixed Tuesday after Wall Street fell following a four-day rally. European shares were higher.
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Updated from 4:25 a.m. EST

NEW YORK (

TheStreet

) -- Stocks in Asia ended mixed Tuesday after Wall Street fell following a four-day rally.

The Nikkei 225 stock average in Tokyo declined 0.5% to 10,352.10. The Hang Seng in Hong Kong rose 1.2%.

Investors in Asia had little to go on Tuesday, instead choosing to focus on U.S. growth prospects and China's recent moves to curb bank lending.

In China, stocks ended 0.7% lower.

Shares of

Toyota

(TM) - Get Report

fell about 0.5% after the company disclosed it was the target of a criminal probe over its handling of car recalls.

The

Dow Jones Industrial Average

Monday fell 19 points, or 0.2%, to 10,383 on light volume. Investors could've be holding back as they await congressional testimony on monetary policy Wednesday and Thursday from

Federal Reserve

Chairman Ben Bernanke.

The Fed's increase in the discount rate last week is sure to be a topic about which House and Senate members will quiz Bernanke.

Premarket futures suggested stocks in the U.S. would open higher Tuesday.

European shares were trading higher. Stocks in London rose 0.5%.

-- Reported by Joseph Woelfel in New York.

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