TOKYO: Most Asian stocks fell on Friday, dragged by the technology sector as signs of a firming U.S. economy stoked worries about higher inflation and an earlier withdrawal of Federal Reserve stimulus.
U.S. Treasury yields remained elevated after jumping overnight, while the dollar also held its biggest gain since April, after better-than-expected employment data raised expectations for a strong reading for Friday's nonfarm payrolls, while a measure of service sector activity climbed to a record high.
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