- On Friday, Asian stocks resumed their falls following a drop in US technology firms and additional economic data supporting the Fed's decision to keep raising interest rates.
- Hong Kong-listed tech shares led the declines, with a regional stock index set to tumble for the sixth time in seven days. Benchmark indexes for Japan, Australia, and South Korea all showed signs of deterioration.
- After a 2.5% drop in the underlying measure during US trade, mood was bruised by a grim outlook from chip-maker Micron Technology, futures for the Nasdaq 100 inched higher.
- An index of dollar strength moved little. Treasury yields rose slightly, adding to a rise in the policy-sensitive 2-yr yield on Thursday. Government bond yields in Australia and New Zealand increased. The benchmark 10-yr yield in Japan increased marginally.
