Hong Kong's Hang Seng index dropped to its lowest level so far this year.
"[Retail spending] categories that were strongest in August were in COVID-beneficiary categories," wrote Ellen Zentner, chief US economist at Morgan Stanley. The MSCI world equity index was last down by 0.25%, off an all-time high on September 7. MSCI's broadest index of Asia-Pacific shares outside Japan closed down 0.83%.The Dow Jones Industrial Average fell 63.07 points, or 0.18%, the S&P 500 lost 6.95 points, or 0.16%, and the Nasdaq Composite added 20.40 points, or 0.13%.
On Tuesday, September 14, data from the US Labor Department showed inflation cooling and having possibly peaked, butThe dollar index rose 0.441%, with the euro down 0.41% to $1.1767.Spot gold dropped 2.3% to $1,751.53 an ounce. US gold futures fell 2.27% to $1,751.70 an ounce.