Asian stocks resume drop in rollercoaster trade: Markets wrap

Asian markets saw continued declines despite a temporary recovery driven by dip-buying. US futures dropped, while Japan’s Nikkei and Topix fell sharply, entering bear market territory. The yen weakened, impacting Japanese stocks. Treasury yields remained stable, and oil prices fell on reports of increased US inventories. Asian markets saw continued declines despite a temporary recovery driven by dip-buying. US futures dropped, while Japan’s Nikkei and Topix fell sharply, entering bear market territory. The yen weakened, impacting Japanese stocks. Treasury yields remained stable, and oil prices fell on reports of increased US inventories.  Economic Times

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