Markets fluctuated in Asia on Tuesday as traders nervously geared up for a slew of earnings from the world's biggest firms and an expected Federal Reserve interest rate hike.
Markets fluctuated in Asia on Tuesday as traders nervously geared up for a slew of earnings from the world's biggest firms and an expected Federal Reserve interest rate hike. A shock cut in US retail titan Walmart's profit outlook poured fuel on concerns that surging inflation and rising borrowing costs are hammering consumer spending and could send the economy into recession.