Asian stocks fall as growth jitters persist, Nikkei rebound fades

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Asian stocks fall as growth jitters persist, Nikkei rebound fades

Investing.com-- Most Asian stocks fell on Thursday with a rebound in Japanese markets running dry amid persistent concerns over slowing economic growth and higher interest rates, with technology stocks seeing an extended rout.

Concerns over an economic slowdown in China also weighed after underwhelming trade data from the country on Wednesday.indexes moved in a flat-to-low range on Thursday as a rebound over the past two days ran dry. The two had fallen sharply in early morning trade, but pared a bulk of their losses. An unexpectedly hawkish tone from the BOJ was the main driver of a recent rout in Japanese markets, which saw the Nikkei and the TOPIX enter bear market territory on Monday.Major Asian technology stocks also fell tracking weak signals from their U.S. peers, especially in the chipmaking sector. U.S.

 

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