Asian Stock Markets Show Mixed Performance Ahead of US Inflation Data

Reported about 5 hours ago

Asian stock markets exhibited mixed results, reflecting Wall Street's positive trends as investors await crucial U.S. inflation data. The Nikkei 225 rose slightly, while the Kospi gained amid political turmoil in South Korea. Concerns of high inflation and economic data have created volatility in U.S. markets, where forecasts suggest fewer interest rate cuts by the Federal Reserve. The mixed sentiment was also influenced by declines in key tech stocks, with companies like Nvidia and Eli Lilly affecting overall performance.

Source: YAHOO

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