Asian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to expectations.

U.S. stocks tumbled to their worst day since an early August sell-off after another report raised worries about the economy's health

Over the past couple of years, the US economy has wrung out inflation like dirty mop water from just about every sector — except for the housing market, which remains paralyzed by high prices and chronically low supply.