Asian markets react to mixed signals after Trump's election win

Asian markets are reacting to mixed signals following a record-setting day on Wall Street, driven by Donald Trump's election win. However, momentum has faded, particularly due to disappointment over China's stimulus proposals. In the U.S., the stock market continued to rise, with the S&P 500 struggling to maintain its position above 6,000. Treasury markets were closed for Veterans Day, leaving traders focused on potential Federal Reserve rate cuts. Cryptocurrency stocks surged, with Bitcoin reaching over $85,000. Tesla shares also rose significantly, reflecting investor optimism about Trump's policies. Meanwhile, Asian markets saw declines, with Hong Kong's Hang Seng index dropping 1.45%.