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Asian stocks track Wall St decline as growth concerns weigh

Asian stocks track Wall St decline as growth concerns weigh

ABC News
Wednesday, September 15, 2021 06:58:14 AM UTC

Asian stock markets have followed Wall Street lower after U.S. inflation was lower than expected amid unease about the impact of the spread of the coronavirus’s delta variant

BEIJING -- Asian stock markets followed Wall Street down on Wednesday after U.S. inflation was lower than expected amid unease about the impact of the spread of the coronavirus's delta variant.

Shanghai, Tokyo, Hong Kong and Sydney all retreated, giving up the previous day's gains.

Wall Street's benchmark S&P 500 index fell despite data showing consumer prices rose at their slowest rate in seven months in August.

Hong Kong-traded shares in casino operators based in Macau, a gambling enclave and former Portuguese colony in southern China, plunged on reports of a possible crackdown on the industry.

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