Asian stocks were steady Thursday as investors assessed mixed U.S. economic data and comments from a Federal Reserve official that the central bank is on course to taper stimulus support.
Equities edged up in Japan and Hong Kong and wavered in China, were Beijing’s regulatory curbs continue to dominate the agenda. The S&P 500 fell from a record overnight, led lower by energy shares, while the technology sector proved more resilient. U.S. contracts climbed in Asian trading.
Stock Market Today: Dow, S&P Live Updates for Aug. 5, 2021 - Bloomberg
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