Asia stocks declined Wednesday as rising bond yields stoked fears about inflation and as China Evergrande Group’s debt crisis intensified.
MSCI Inc.’s gauge of Asian stocks dropped more than 1% -- and is headed for its first quarterly slide in six. Japan fell more than 2%. Hong Kong and China also dropped on the deepening debt crisis at China Evergrande Group. U.S. futures advanced after the S&P 500 closed 2% lower -- the most since May -- with concerns over the debt-ceiling impasse in Washington adding to investor angst. The Nasdaq 100 tumbled the most since March as technology shares fared worse than economically sensitive stocks amid rising Treasury yields.
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September 29, 2021 at 04:44AM
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Stock Market Today: Dow, S&P Live Updates for Sep. 29, 2021 - Bloomberg
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