- As a global recovery from a bear market faltered due to continued concerns about high inflation and slowing economic growth, equities in Asia struggled to gain traction on Tuesday.
- An Asian equity index declined for the first time in four sessions, with Hong Kong and Chinese tech shares among the worst performers.
- Following Monday's losses for the S&P 500 and Nasdaq 100, US and European futures declined. Trading flows may also be impacted by institutional portfolio rebalancing at month- and quarter-end.
- Treasury prices increased, resulting in a 3.18% 10-yr yield. The dollar slipped. Crude prices surpassed $110 per barrel.
