Asian markets mixed after US-China chip move, euro hit by France woes [Video]

Asian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.

A tech-led rally in the Dow and S&P 500 helped New York stocks to a strong start to the month, having enjoyed a healthy November on hopes that US President-elect Donald Trump will usher in more business-friendly measures.

Investors are also looking ahead to the release of US jobs data at the end of the week which could play a key role in the Federal Reserve’s decision on whether to cut interest rates again.

The mixed performance in Asia followed a recent run-up that was helped Monday by manufacturing activity data suggesting China’s economic struggles may be coming to an end.

In early trade on Tuesday, Tokyo, Sydney, Seoul, Singapore and Manila were all higher but …