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Asian stocks slide tracking US tech rout, Nikkei down 2%

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Asian stocks slide tracking US tech rout, Nikkei down 2%

Investing.com-- Most Asian stocks fell sharply on Thursday with regional technology stocks tracking overnight declines in their U.S. peers, while a spike in bond yields and uncertainty over Japanese monetary policy saw the Nikkei lead losses.on Wednesday as a spike in Treasury yields saw investors largely look past strong earnings from Meta Platforms Inc was among the few bright spots in Australian markets, rallying 43% after the firm said it had accepted an A$1.

But the factors that had battered Chinese markets this year still remained in play, with investors continuing to fret over sluggish economic growth and a potential debt crisis in the property market.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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