A stronger yen weakened Japanese equity futures Thursday after a rally in Treasuries weighed on yields and the dollar. US stocks fell ahead of the Thanksgiving holiday.
Contracts for Japanese shares fell 0.8%, while those for Australia and Hong Kong were slightly higher. The S&P 500 fell 0.4% after touching a record high in the prior session, while the Nasdaq 100 dropped 0.9% as tech stocks weighed on the US market. Nvidia Corp. and Tesla Inc. were among the hardest hit big-tech companies.
Shares in Microsoft Corp. fell after the US Federal Trade Commission opened an antitrust investigation of Microsoft Corp., drilling into everything from the company’s cloud computing and software licensing businesses to cybersecurity offerings and artificial intelligence products.
In a thin trading session ahead of the holiday, data showed the Fed’s preferred measure of underlying inflation picked up. While in-line with estimates, the core…
