
Asian stocks Wednesday tracked a U.S. rally as a focus on corporate earnings helped ease some of the concerns over inflationary pressures in the global economy. Bond yields jumped.
Equities rose in Japan, South Korea and Australia. U.S. futures were steady with the S&P 500 close to a record as traders digest company reports to assess the impact of supply-chain snarls and higher commodity prices. Johnson & Johnson raised a profit forecast, Netflix Inc. subscribers jumped and Procter & Gamble Co. faced rising raw material and freight costs.
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October 20, 2021 at 05:07AM
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Stock Market Today: Dow, S&P Live Updates for Oct. 20, 2021 - Bloomberg
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