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Asian Stocks Set to Fall After Volatile US Session: Markets Wrap

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.
Asian (ORG) Asia (LOCATION) Iran (LOCATION) US (LOCATION) Japan (LOCATION) Hong Kong (LOCATION) South Korea (LOCATION)
Originally published by Bloomberg Markets Read original →