Reported about 5 hours ago
Asian shares largely fell as Wall Street experienced its first pullback after several days of record highs. Japan's Nikkei 225, Australia's S&P/ASX 200, and South Korea's Kospi all reported declines, while Hong Kong and Shanghai saw slight gains. The downturn was attributed to comments from Federal Reserve Chair Jerome Powell regarding the risks of high stock valuations and concerns about rising inflation against a backdrop of job market uncertainties. Notably, major U.S. tech stocks also contributed to the dip.
Source: YAHOO