Stocks and equity futures fell Wednesday as Chinese data fueled concerns about inflationary pressures in the global economy. Treasury yields climbed ahead of a report on U.S. consumer prices.
MSCI Inc.’s Asia-Pacific share gauge declined and China’s market struggled after a report showed factory-gate prices grew at the fastest pace in 26 years. Retail inflation also topped estimates. China’s property sector continues to damp sentiment: developer Fantasia Holdings Group Co. plunged and indebted China Evergrande Group faces a payment test on dollar bonds.
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November 10, 2021 at 05:33AM
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Stock Market Today: Dow, S&P Live Updates for Nov. 10, 2021 - Bloomberg
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