Aerial view of vehicles being driven on the road through the central business district in Beijing, China. <\/p>\n
Vcg | Visual China Group | Getty Images<\/p>\n
Asia-Pacific markets mostly fell on Wednesday as investors parsed China’s inflation data and awaited the Federal Reserve’s interest rate decision.<\/p>\n
Hong Kong Hang Seng index<\/a> was 0.56% lower, and the mainland CSI 300 declined 0.78% after China’s consumer prices edged up 0.7% from a year earlier, its highest level since February last year. The increase followed a 0.2% rise in October and matched the 0.7% gain expected in a Reuters poll of economists.<\/p>\n Factory-gate prices fell 2.2% in November from a year earlier, missing the forecast of a 2% decline and extending the deflationary stretch into its fourth year. That was compared with a 2.1% fall in October.<\/p>\n Over in Asia, Australia’s\u00a0S&P\/ASX 200<\/a> was flat.<\/p>\n Japan’s Nikkei 225<\/a> lost 0.22%, while the Topix was unchanged. South Korea’s Kospi declined 0.12%, while the small-cap Kosdaq rose 0.2%.<\/p>\n Traders are looking ahead to the Federal Reserve’s closely watched interest rate announcement on Wednesday stateside, the final one of the year. Markets largely expect the Fed to trim its benchmark overnight lending rate by another 0.25 percentage point, matching the cuts made in September and October. <\/p>\n Overnight in the U.S., the\u00a0S&P 500<\/a>\u00a0closed relatively unchanged. The broad market index traded around the flatline, slipping just 0.09% to close at 6,840.51, while the\u00a0Nasdaq Composite\u00a0gained 0.13% to end the day at 23,576.49. The\u00a0Dow Jones Industrial Average<\/a>\u00a0fell 179.03 points, or 0.38%, to finish at 47,560.29. The 30-stock index was dragged down by a decline in\u00a0JPMorgan<\/a>\u00a0shares on higher-than-expected\u00a02026 expense projections<\/a>.<\/p>\n \u2014CNBC’s Sean Conlon and Alex Harring contributed to this report. <\/p>\n","protected":false},"excerpt":{"rendered":"Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg…\n","protected":false},"author":3,"featured_media":437076,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8000,4740,133,64,81,74,144,7994,16209,135,7997,145,7996,15243,67,132,68],"class_list":{"0":"post-437075","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-asia-economy","9":"tag-australia","10":"tag-breaking-news-markets","11":"tag-business","12":"tag-business-news","13":"tag-china","14":"tag-dow-jones-industrial-average","15":"tag-hang-seng-index","16":"tag-jpmorgan-chase-co","17":"tag-markets","18":"tag-nikkei-225-index","19":"tag-sp-500-index","20":"tag-sp-asx-200","21":"tag-south-korea","22":"tag-united-states","23":"tag-unitedstates","24":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115693494233767539","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/437075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=437075"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/437075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/437076"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=437075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=437075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=437075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}