✉news TechnologySemiconductors first seen 5 d ago, last 4 d ago, peak #22

Asia shares inch up as chip selloff eases; US CPI awaited

Asian stock markets rose modestly as a sell-off in semiconductor shares eased and investors turned their attention to upcoming US inflation data. Traders are watching the consumer price index figures for clues on the direction of US interest rates, which influence global equity and technology stock performance.

Why now: Investors are cautiously positioning ahead of the closely watched US CPI inflation report.

Asia-Pacific stock marketsUS consumer price indexsemiconductor sector

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Evidence

• Asia shares inch up as chip selloff eases; US CPI awaited · Reuters

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