Asian stocks turned in a mixed performance on Wednesday as investors fretted about a surge in new Covid infections in some Chinese cities and monitored the U.S midterm election results. Thursday's U.S. CPI data also remained on investors' radar.
Chinese shares ended lower as COVID-19 cases in the country continued to surge and inflation data painted a rather gloomy picture. The benchmark Shanghai Composite Index slid 0.5 percent to close at 3,048.17.
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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.