Business & Finance
Asian Stocks to Dip as Oil Fuels Inflation Worries: Markets Wrap
Key Points
Asian Stocks to Dip as Oil Fuels Inflation Worries: Markets Wrap Asian stocks were poised for declines, tracking moves on Wall Street as elevated oil prices continued to stoke inflation concerns. Equity-index futures for Japan, Australia and South Korea pointed to a second day of declines for a regional stock gauge. US stock contracts were little changed after the S&P 500 retreated from a record and the Nasdaq 100 slipped 0.2%.
Asian Stocks to Dip as Oil Fuels Inflation Worries: Markets Wrap
Asian stocks were poised for declines, tracking moves on Wall Street as elevated oil prices continued to stoke inflation concerns.
Equity-index futures for Japan, Australia and South Korea pointed to a second day of declines for a regional stock gauge. US stock contracts were little changed after the S&P 500 retreated from a record and the Nasdaq 100 slipped 0.2%. The Philadelphia Semiconductor Index fell 1.2%.