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Asia-Pacific markets are set to open lower following a decline in Wall Street, driven by higher Treasury yields. The ASX 200 index decreased by 0.1%, while the Nikkei 225 fell by 0.7%. The KOSPI, however, managed a slight increase of 0.1%. The downturn in Asian stocks is attributed to the weak performance of technology shares and rising global yields, influenced by robust ISM Services and JOLTS data. Concerns over these factors have led to a selloff in Treasuries, further impacting market sentiment in the region.
India Vs RoW | Here's how the major global indices performed YTD📈 #Nifty50 #Nasdaq #DowJones #FTSE #CAC #DAX #HangSeng #Kospi #Shanghai #Nikkei https://t.co/kUCui3um2f
Stocks in Asia followed US peers lower after a selloff in Treasuries deepened.
Here’s how the key markets in the #Asia-Pacific region performed: #ASX 200 (-0.1%): The Australian benchmark index edged lower, pressured by concerns over rising global yields. Sectors like technology and real estate bore the brunt of selling, while mining stocks provided some…