Stocks and U.S. equity futures fell Tuesday, hurt by concerns about elevated inflation stoked by energy costs and the possibility of a widening Chinese crackdown on private industry. Treasury yields were steady.
MSCI Inc.’s Asia-Pacific index snapped a three-day climb, with the technology sector leading losses and South Korea underperforming. Signs that Beijing is widening its scrutiny of private and state enterprises soured the broader mood. U.S. and European futures retreated following declines in U.S. shares as the prospect of a slowing recovery from the pandemic shadowed trading.
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October 12, 2021 at 04:54AM
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Stock Market Today: Dow, S&P Live Updates for Oct. 12, 2021 - Bloomberg
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