Global Markets Mixed amid Rising Yields - Asia Falls while Europe Rallies, Oil Drops, US Futures Uneven
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Asia markets fell broadly on Tuesday, with Japan's Nikkei down over 2% and Hong Kong's Hang Seng declining due to rising US yields.
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Eurozone markets traded higher in early trading on Wednesday, with the STOXX 600 up 0.27% and Germany's DAX gaining 0.08%.
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Crude oil prices declined, with WTI dropping 1.19% to under $90 per barrel.
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US index futures were mixed ahead of Wednesday's open, with Dow futures slightly higher but Nasdaq futures down 0.11%.
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The US dollar index edged lower while USD/JPY rose slightly. The Australian dollar declined 0.4% against the greenback.