Asian markets lower after Wall St declines for third week

BEIJING (AP) — Asian stock markets are mostly lower after Wall Street declined for a third week and Britain reported a rise in coronavirus infections. Benchmarks in Shanghai, Hong Kong and Sydney retreated. Japanese markets were closed for a holiday. On Friday, Wall Street’s benchmark S&P 500 index lost 1.1%, led by a sell-off of tech companies that investors worried might have become too expensive. Market momentum shifted after the Federal Reserve said last week the U.S. economi