Equities in Asia were primed for a pullback, while Treasury yields pushed the dollar higher as traders scaled back bets on Federal Reserve cuts.
Australian shares and stock futures for Japan and Hong Kong all fell Thursday following a 0.9% decline for the S&P 500 on Wednesday, while the yen touched the weakest level against the greenback in almost three months. In New York, the Golden Dragon benchmark of US-listed Chinese shares slipped 1.2%.
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