Asian stocks were mixed Wednesday as traders weighed the impact of elevated inflation on the economic recovery and looked ahead to earnings reports. A gauge of the dollar ticked lower.
Shares in Japan posted modest losses, while South Korea outperformed amid a strong jobs report. S&P 500 and Nasdaq 100 futures dipped as investors wait to see whether the corporate profit outlook will boost sentiment. Apple Inc. slipped on a likely cut in iPhone 13 production targets for 2021 due to chip shortages, putting the focus on pandemic-related supply-chain snarls.
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October 13, 2021 at 04:54AM
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Stock Market Today: Dow, S&P Live Updates for Oct. 13, 2021 - Bloomberg
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