From Nasdaq:

The Malaysia stock market ended a five-day winning streak as the Kuala Lumpur Composite Index slipped slightly below 1,486 points. Financial shares, telecoms, and plantations contributed to the index’s 0.80% drop. On the global front, the U.S. markets were up, while the European markets were mixed – the Asian markets are expected to follow suit. The Dow, NASDAQ, and S&P 500 all ended higher, reflecting optimism over the upcoming release of key U.S. inflation data. Economists expect the data to show a slowdown in annual core price growth and could bolster optimism about near-term rate cuts by the Federal Reserve. Crude oil prices dropped on Wednesday after an unexpected increase in U.S. crude inventories.



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