Tech pulls down Asia stocks, dollar gains on inflation data

Tech pulls down Asia stocks, dollar gains on inflation data

Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and often the Federal Reserve will cut interest rates. U.S. benchmark bond yields held near the 4.3% level they reached on Thursday for the first time this month, following their biggest jump in … Read more