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Asian shares mixed after muddled day of trading on Wall St

Asian shares mixed after muddled day of trading on Wall St

ABC News
Wednesday, October 13, 2021 07:42:16 AM UTC

Shares are mixed in Asia after an up-and-down day on Wall Street ended with most benchmarks lower as traders waited for updates on inflation and corporate earnings

Shares were mixed in Asia on Wednesday after an up-and-down day on Wall Street ended with most benchmarks lower as traders waited for updates on inflation and corporate earnings.

Tokyo's Nikkei 225 index fell 0.3% to 28,158.28 and the S&P/ASX 200 edged 0.1% lower to 7,276.80. The Shanghai Composite index declined 0.4% to 3,534.43. Seoul's Kospi gained 0.2% to 2,945.54.

Hong Kong was closed for a holiday.

Markets have been choppy for weeks as investors try to figure out how the economy will continue its recovery with COVID-19 remaining a threat and rising inflation potentially crimping consumer spending and corporate finances.

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