Stock Market Live Updates: Asian stocks slide on US inflation concerns and Middle East tensions

Sensex, Nifty, Share Prices LIVE: Asian stocks slid as Wall Street closed lower amid ongoing concerns about stubborn US inflation, suggesting the Federal Reserve may hold off on rate cuts. Tensions in the Middle East added to the cautious sentiment.
In Japan, the Nikkei 225 declined by 1.53%, or 601.41 points, to 38,631.39 in early trading. The broader Topix index also dropped by 1.25%, or 34.53 points, to 2,718.67. South Korea’s Kospi fell by 1.60%, or 42.84 points, to 2,627.59. Australia’s S&P/ASX 200 retreated by 1.46%, or 113.30 points, to 7,639.20. Read More | Source: The Hindu Business Line