Global Stocks Follow Wall Street Lower Before US Inflation Data

Global Stocks Follow Wall Street Lower Before US Inflation Data
Currency traders talk each other near screens showing the Korea Composite Stock Price Index (KOSPI) (L), and the foreign exchange rate between U.S. dollar and South Korean won (R) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, on Dec. 10, 2021. Ahn Young-joon/AP Photo
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BEIJING—Global stock markets declined Friday ahead of U.S. inflation data that might influence a Federal Reserve decision on when to roll back economic stimulus.

London and Frankfurt opened lower. Shanghai, Tokyo, and Hong Kong retreated.