Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, with technology stocks tumbling to mirror their peers on the tech-heavy Nasdaq. Traders also make their moves cautiously ahead of the release of crucial U.S. inflation data later in the day, which could impact the outlook for interest rates. Asian Markets closed mostly higher on Tuesday.
The rising geopolitical worry amid the face-off between the U.S. and China over Taiwan also continues to weigh on market sentiment.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.