SYDNEY: Asian shares tracked Wall Street lower on Wednesday as U.S. yields stood near four-month highs, while a powerful earthquake in the region raised concerns about possible disruptions to the vital chip-making industry.
Europe is set for a subdued open, with EUROSTOXX 50 futures little changed and FTSE futures easing 0.3%. Wall Street stock futures were off 0.2% as investors pondered the risk of fewer rate cuts ahead of an appearance from Federal Reserve Chair Jerome Powell and U.S. services and jobs figures due later in the day.
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