Asia stocks fall as rising yields dent tech, weak data weighs

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Asia stocks fall as rising yields dent tech, weak data weighs
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Asia stocks fall as rising yields dent tech, weak data weighs

Investing.com-- Most Asian stocks fell on Thursday as rising U.S. Treasury yields pressured technology stocks, while weak economic prints from several regional economies also weighed on sentiment.

Uncertainty over a tight presidential race and a slower pace of interest rate cuts dented Wall Street in recent sessions. Sentiment towards Japanese stocks was on edge before a general election this Sunday, where the ruling Liberal Democratic Party could be pushed into seeking a coalition to retain power.indexes fell 0.6% and 0.4%, respectively, losing steam after four straight days of gains on optimism over more stimulus measures.

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Asia stocks dip as tech losses weigh, China stimulus cheer wanesAsia stocks dip as tech losses weigh, China stimulus cheer wanesAsia stocks dip as tech losses weigh, China stimulus cheer wanes
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