Asian stocks rebound as tech rout eases, but weekly losses on tap

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Asian stocks rebound as tech rout eases, but weekly losses on tap

Investing.com-- Most Asian stocks rose on Friday, with technology shares recovering a measure of steep losses this week as Treasury yields eased, although most regional indexes were still headed for weekly losses.

Middling earnings from Wall Street also provided weak cues to regional stocks, particularly the technology sector.rose 0.8% on Friday, but was among the worst performers this week, down 2.7%, as heavyweight tech stocks logged steep declines.grew more than expected in October, pointing to a resurgence in nationwide inflation and potentially drawing a more hawkish tilt from thewas among the better performers, rising 1.6% on Friday and staying on course for a mildly positive week.

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