- A measure of Asian equities fell slightly Wednesday after stocks on Wall Street were barely moved, as investors examined earnings and remarks from Federal Reserve members who favour additional rate hikes.
- The MSCI Asia Pacific Index lost 0.3% as stocks in Japan and Hong Kong dipped, while South Korea and Australia gained somewhat. During Asian trade, US equities contracts fell.
- The S&P 500 wavered before finishing 0.1% higher on Tuesday, as the Cboe Volatility Index fell to its lowest level since January 2022, hovering below 17. Bank of America's GFSI Market Risk Index, a measure of global asset volatility, has likewise held near its lowest level since February 2022.
