Asia markets are set to extend losses ahead of data deluge on Friday
Markets tracked losses from Wall Street, even as tech darling Nvidia posted a fifth straight winning day.
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Markets tracked losses from Wall Street, even as tech darling Nvidia posted a fifth straight winning day.
The major averages slid on Wednesday, with the tech-heavy Nasdaq registering its worst session this month.
The Hindenburg Omen, a historical pullback indicator, sounded the alarm last week, suggesting a stock market crash may be imminent.
Stocks declined following the Beige Book release, showing U.S. economic expansion and reduced rate cut expectations, per CME FedWatch Tool.
US markets closed mixed on Wednesday amid further gains in Treasury yields and concern over the timing and scale of possible interest rate cuts from the Federal Reserve. The Dow Jones Industrial Average closed down 1.06%