- Most Asian markets fell as the latest Chinese data underscored the global economy's rising inflationary pressures. Treasury yields rose ahead of a report on consumer prices in the US.
- Shares in Japan fluctuated and fell in Hong Kong and China, where factory-gate prices climbed at the quickest rate in 26 years and consumer-price inflation exceeded expectations. The stock of developer Fantasia Holdings Group fell after resuming trading, owing to the ongoing problems in China's real estate sector.
- US futures fell after the S&P 500 fell for the first time in nine sessions, dragged down by banking stocks. The Nasdaq 100 underperformed, thanks in part to Tesla's $199 billion valuation fall as a result of a slew of negative headlines.
- Longer maturation Treasuries pared a rise that had previously seen the 30-year yield reach its lowest level since July. Bonds were supported by the unwinding of bearish wagers and anticipation about a possible dovish shift in Fed leadership. The value of the dollar increased.