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Asia Stocks Set for Mixed Open After US Tech Slide: Markets Wrap

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Stocks in Asia were mixed as investors focused on China’s policy meeting after official announcements of an ambitious 5% growth target. Tech heavyweights drove Asian peers lower, ahead of Federal Reserve Chair Jerome Powell’s Congressional testimony.

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China Stocks Set for Declines as Policy Meet Looms: Markets WrapAsian equity markets were under pressure Tuesday with investors focused on China, where officials have set an ambitious 5% growth target alongside measures to boost confidence.
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China to Rally on Reopen; Other Stocks Seen Mixed: Markets WrapAsian shares traded flat as earlier optimism that was triggered by positive Chinese holiday data dissipated.
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