Activity on Elizabeth Street (at the intersection of Bourke St Mall), Melbourne on a cloudy day.
Charlie Rogers | Moment | Getty Images
Japan’s Nikkei 225 lost 1% in early trade, while the broad-based Topix fell 0.75%.
South Korea’s Kospi dipped 0.48%, and the small-cap Kosdaq declined 0.13%.
Hong Kong’s Hang Seng Index futures were at 25,862, lower than the HSI’s last close of 25,888.51.
U.S. stock futures were slightly lower on Thursday night stateside after the previous session saw a sell-off fueled by concerns about regional banks’ loan practices.
Overnight in the U.S., the Dow Jones Industrial Average lost 301.07 points, or nearly 0.7%, to close at 45,952.24. Earlier in the day, the 30-stock index had gained 170 points.
The S&P 500 finished 0.6% lower at 6,629.07, giving up a 0.6% gain at the highs of the session. The Nasdaq Composite fell 0.5% to settle at 22,562.54.
— CNBC’s Liz Napolitano, Pia Singh and Alex Harring contributed to this report.