Reported about 7 hours ago
Asian stocks are set to open lower after Wall Street experienced its worst trading day of the year, following disappointing US economic data. The S&P 500 fell by 1.7% while the Nasdaq 100 dropped by 2.1%, as traders reacted to rising long-term inflation expectations and a cooling economy. In Japan, markets are closed for a holiday, while forecasts expect a mix of economic data from the region this week, including inflation and retail sales figures.
Source: YAHOO