Asian Markets Are Slipping On Concerns About Europe

Japan businessmen praying

Asian markets rallied after the weekend's Greek elections, but the market respite is fading.

With yields on Spanish 10-year bonds surging, Asian stock markets have started trading lower.

Meanwhile, stocks in Japan were also hit by a stronger yen that impacted tech and auto exporters.

Here's how the markets look:

Japan's Nikkei 225 is down 0.26%

Korea's Kospi Index is down 0.12%

Australia's S&P/ASX 200 is down 0.41%

China's Shanghai Composite is down 0.34%

Hong Kong's Hang Seng is down 0.30%

Note: Market data was updated at 10:58 p.m. ET

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