Asian stocks fall after Powell's remarks, Wall Street overnight losses
SINGAPORE (Reuters) -Stocks began the day on the back foot on Wednesday in Asia after declines on Wall Street overnight following comments from Federal Reserve Chair Jerome Powell that gave little indication about the future path of interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.2% in early trade, after U.S. stocks ended the previous session lower. The S&P 500 was down 0.6%, marking its biggest one-day loss in three weeks.
SINGAPORE (Reuters) -Stocks began the day on the back foot on Wednesday in Asia after declines on Wall Street overnight following comments from Federal Reserve Chair Jerome Powell that gave little indication about the future path of interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.2% in early trade, after U.S. stocks ended the previous session lower. The S&P 500 was down 0.6%, marking its biggest one-day loss in three weeks.
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