Asia stocks traded in a narrow range, and Treasury yields held the most gains as investors gauged fresh signs of resilience in the U.S. economy.
Shares in Australia, Japan, Hong Kong, the mainland and Korea traded lower.
On Wednesday, the S&P 500 gained 0.2%, helped along by favourable corporate earnings and bets that Federal Reserve tightening has reached its peak.
The yield on the 10-year U.S. bond was trading at 4.50%, and Bitcoin was above $37,000. Brent crude was below $81 a barrel, whereas WTI crude was above $75.
At 8:05 a.m., the GIFT Nifty, an early indicator of the Nifty 50 Index’s performance in India, was down 12 or 0.06% at 19,752.5.
India’s benchmark stock indices staged a sharp recovery through late trade to close at a four-week high on Wednesday, led by gains in realty and IT stocks.
The S&P BSE Sensex closed 742 points, or 1.14%, higher at 65,675.93, while the NSE Nifty…
