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Asia stocks to drop as Fed hawks spur Nasdaq rout
Asian stocks are poised to drop Friday after a raft of Fed officials signaled they will combat inflation aggressively and technology companies -- seen as most sensitive to higher rates -- tumbled to send the the $.NDX.US$ to its lowest level since October.
The $.SPX.US$ also dropped, along with crude oil, copper and Bitcoin. Treasuries rose...
Asian stocks are poised to drop Friday after a raft of Fed officials signaled they will combat inflation aggressively and technology companies -- seen as most sensitive to higher rates -- tumbled to send the the $.NDX.US$ to its lowest level since October.
The $.SPX.US$ also dropped, along with crude oil, copper and Bitcoin. Treasuries rose...
![Wall Street Today | Morgan Stanley: Many stocks have already been corrected](https://ussnsimg.moomoo.com/8313684303241484027.jpg/thumb)
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