Asian markets open lower after price data hits Wall Street

Asian markets open lower after price data hits Wall Street

Asian markets fell lower on Wednesday after Wall Street fell the most since June 2020 as a report showed inflation was keeping a surprisingly strong grip on the US economy. Tokyo’s benchmark Nikkei 225 lost 2.8% to 27,816.58 in early trading on Wednesday, while Sydney’s S&P/ASX 200 fell 2.5% to 6,834.80. In Seoul, the Kospi…