Business & Finance
Asian Stocks Set to Fall After Volatile US Session: Markets Wrap
Key Points
Asian Stocks Set to Fall After Volatile US Session: Markets Wrap Stocks in Asia were poised for declines after a volatile session on Wall Street, where investors weighed developments in the Iran conflict and looked ahead to data that may show US inflation accelerated in May. Equity-index futures for Japan, Hong Kong and South Korea all pointed lower.
Asian Stocks Set to Fall After Volatile US Session: Markets Wrap
Stocks in Asia were poised for declines after a volatile session on Wall Street, where investors weighed developments in the Iran conflict and looked ahead to data that may show US inflation accelerated in May.
Equity-index futures for Japan, Hong Kong and South Korea all pointed lower. US stock futures edged down after the S&P 500 swung sharply on Tuesday, erasing most of a 2.3% slump before ending modestly down. The Nasdaq 100 fell 1.1% as investors continued rotating out of the technology shares that have driven much of this year’s rally.