From Nasdaq:

Asian stocks retreated on Wednesday due to an uptick in Treasury yields and fading optimism about early rate cuts which led to a selloff in technology stocks. Markets are awaiting the latest Fed minutes and U.S. labor market data for clues on economic and rate outlook. The dollar mostly held its gains, and gold ticked higher, while oil prices steadied. Chinese stocks increased slightly after a top official in charge of regulating the gaming industry was ousted by the government. Markets in Australia and New Zealand fell sharply, and U.S. stocks ended lower mainly due to Barclays downgrading Apple stock and yields ticking higher.



Read more: Asian Shares Decline As Yields Rise On Rate Uncertainty