- Shares fell further in Asia as the Federal Reserve's determination to keep interest rates higher for longer sapped appetite for risk.

- The dollar rose while the yuan fell as poor Chinese economic data added to market gloom. While authorities have now ended the Covid zero policy that caused China's weakness, the country is now dealing with an outbreak of infections.

- Benchmark indexes in Japan, South Korea, China, and Australia all fell on Thursday, with Hong Kong-listed technology companies leading the way. The S&P 500 futures contract fluctuated after the index snapped a two-day rally Wednesday in a volatile session that saw shares end off their lows.

- Fed's Powell said the central bank still had a long way to go in its fight against inflation. Rates are expected to end next year at 5.1%, a higher level than previously predicted and well above market expectations.