Asia Stocks Erase Losses as Europe Opens Higher, Yields Retreat

Asian stocks were little changed, recovering from an earlier drop, as European peers opened higher and U.S. Treasury yields retreated from a spike a day earlier.

The MSCI Asia Pacific Index fell less than 0.1 percent to 174.53 as of 4:50 p.m. in Hong Kong, after earlier dropping as much as 0.3 percent. Hong KongA?ai??i??ai???s Heng Seng Index also erased most of its losses to close 0.1 percent lower, buoyed by gains in Apple Inc.A?ai??i??ai???s suppliers.

Taiex +0.2%, Kospi index +0.1%, Kospi 200 index +0.3%, S&P/ASX 200 +0.2%, New ZealandA?ai??i??ai???s S&P/NZX 50 -1.8%.

IndiaA?ai??i??ai???s S&P BSE Sensex Index -0.3%, NSE Nifty 50 Index -0.5%.

Straits Times Index -0.1%, MalaysiaA?ai??i??ai???s KLCI +0.5%, Philippines Stock Exchange PSEi Index -0.2%, Jakarta Composite -0.1%, ThailandA?ai??i??ai???s SET Index -0.6%, VietnamA?ai??i??ai???s VN Index -1.8%.

Source: Bloomberg

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