Asian equities weaken as tech selloff and higher yields dampen sentiment

Asian markets declined as tech stock weakness, rising bond yields, and cautious central bank signals reduced risk appetite across equities and cryptocurrencies.

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1 day ago

Asian equities weaken as tech selloff and higher yields dampen sentiment

Asian equities weaken as tech selloff and higher yields dampen sentiment
Asian equity markets traded lower as weakness in global technology stocks and rising bond yields weighed on investor confidence. Overnight losses in US benchmarks followed comments from policymakers pushing back against early rate cuts. Bitcoin also slipped below key support levels, reinforcing risk-off sentiment across equities and digital assets during early Asian trade.