Equities in Asia are mixed with gains for tech stocks offsetting slumping commodity shares. Wall Street futures are pointing slightly lower after gains across the big three indexes led by a rally for the tech-heavy Nasdaq. Treasury yields and the dollar hover above multi-week lows awaiting comments from Federal Reserve Chair Jerome Powell. Crude oil sinks to a three-month low due to a build in US stockpiles while concerns for the Chinese economy weigh on demand.
Shares in Asia echoed US declines and a rally in the dollar stalled as the greenback weakened against major currencies. Stocks in Japan, Australia and South Korea dropped. The declines followed selling on Wall Street that weighed on tech stocks.
