Investing.com-- Asian stocks retreated on Thursday, pressured chiefly by losses in the technology sector following underwhelming guidance from market darling Nvidia, although expectations of lower interest rates helped limit overall losses.Regional markets took a weak lead-in from Wall Street, with U.S. stock index futures falling in Asian trade as concerns over Nvidia rattled the technology sector.
Losses in tech also came amid a broader pivot out of the sector and into more economically sensitive stocks, as investors looked to lower interest rates in the coming months.Barring tech, losses in broader Asian markets were limited by buying into sectors poised to benefit from lower interest rates.fell 0.4%, benefiting from its lower tech weightage. The index had also shrugged off a stronger-than-expected reading on consumer inflation, released on Wednesday.indexes fell 0.1% and 0.
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