June 4, 2021 6:25 PM
Most Asian stocks fall dragged by technology sector except China's Shanghai Composite index
Most Asian stocks today fell dragged by the technology sector except China's Shanghai Composite index which rose marginally by 0.2 per cent. Investors remained concerned as signs of a firming U.S. economy stoked worries about higher inflation and an earlier withdrawal of Federal Reserve stimulus. The U.S. Treasury yields remained elevated after jumping overnight, while the dollar also held its biggest gain since April, after better-than-expected US employment data. Japan's Ni...