Asian Stocks Under Pressure as US Inflation Rises: Markets Wrap

Asian stocks were poised for a weak open following losses on Wall Street, while the dollar strengthened and bonds fell as US inflation data showed the impact of energy-market disruptions tied to the war in Iran.

Equity-index futures pointed to modest moves lower in Sydney and Tokyo, and a flat open in Hong Kong. The S&P 500 Index and the Nasdaq 100 Index retreated on Tuesday, with a gauge of chipmakers slumping 3% following a record-breaking rally.