TOKYO—Global shares were mixed Wednesday as a wait-and-see mood set in following another— though more modest—day of sell-offs on Wall Street.
Worries about inflation are weighing on investors’ minds, including in Asia. Inflation data for Singapore released earlier in the week showed inflation was still going strong, with core inflation headed higher to 4.8 percent year on year for July. Food price inflation was at 6.1 percent.
Benchmarks finished lower in Japan and China, while they were higher in Australia and South Korea. European shares fell in early trading.
France’s CAC 40 lost 0.3 percent in early trading to 6,345.04. Germany’s DAX shed 0.3 percent to 13,150.83. Britain’s FTSE 100 slid 0.5 percent to 7,451.34. U.S. shares were set to drift lower with Dow futures down less than 0.1 percent at 32,891.00 and S&P 500 futures down 0.1 percent to 4,126.25….