Asian stocks were mixed Wednesday as traders weighed Federal Reserve Chair Jerome Powell’s comments that officials should consider a faster removal of monetary stimulus amid high inflation.
Shares slipped Japan and Australia and rose in South Korea, while U.S. equity futures pared earlier gains. The S&P 500 slumped almost 2% overnight and measures of equity volatility jumped on the prospect of tightening policy.
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December 01, 2021 at 05:34AM
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Stock Market Today: Dow, S&P Live Updates for Dec. 1, 2021 - Bloomberg
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