A selloff in stocks continued in Asia on Tuesday and the dollar strengthened amid caution about elevated inflation fueled by commodity prices and risks from the debt woes in China’s property sector.
MSCI Inc.’s Asia-Pacific share index tumbled as much as 1.7% before paring some losses. The energy sector was among the few to rise on a rally in crude oil. Japan’s Nikkei 225 and South Korea’s Kospi extended losses from their recent peaks to 10%, putting them on track for technical corrections. U.S. and European futures were steady after technology shares led a Wall Street slump.
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October 05, 2021 at 04:48AM
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Stock Market Today: Dow, S&P Live Updates for Oct. 5, 2021 - Bloomberg
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