Asian markets mostly lower, weak yen supports Tokyo

Asian markets retreated on Monday morning following a strong end to last week and despite another record close on Wall Street, although Tokyo was supported by a weaker yen. Tokyo rose 0.49 percent. US industrial production fell 0.3 percent in April, the fifth straight month of decline, according to Federal Reserve data, while the University of Michigan's US consumer sentiment index plummeted to 88.6 in May from 95.9 in April.