Singapore stocks fell in Wednesday morning trade, with the Straits Times Index dropping 36 points, or 0.6%, to 5,718 as investors took profits after the benchmark reached a record high a day earlier. The pullback followed a strong Tuesday close at 5,754, when the index was supported by an upward revision to Singapore's Q2 GDP growth to 5.9%. Sentiment also tracked overnight losses on Wall Street, where rising oil prices stirred inflation worries and reinforced expectations of an interest rate hike. Investors stayed cautious before the release of US inflation data later in the day, which could shape views on the Fed's next monetary policy decision. Fresh domestic data helped limit the decline after Singapore reported a wider current account surplus in Q2 than in the same period in 2025. Communication, technology services and finance stocks led the retreat. The main laggards were Jardine Matheson Holdings, down 2.2%, Jardine Cycle & Carriage, down 1.0%, OCBC, down 0.9%, and Hongkong Land Holdings, down 0.8%.