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

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks dip as tech losses weigh, China stimulus cheer wanesAsia stocks dip as tech losses weigh, China stimulus cheer wanes
Source: Investingcom - 🏆 450. / 53 Read more »