- Stocks fell throughout Asia as investors reduced their bets on a Federal Reserve interest rate cut and as new data confirmed worries about China's growth.
- Hong Kong's Hang Seng Index fell 3%, while the CSI 300 mainland Chinese benchmark fell more than 1%. The declines were caused by official data indicating that although China has achieved its 2023 GDP target, the nation's housing crisis has gotten worse and domestic demand is still apathetic.
- Equities from South Korea to Australia sank, weighing on a regional indicator. Japan was an exception, boosted by a weaker yen. US stock futures also fell, while Treasuries remained stable and the dollar rose marginally.
