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Asian stocks diverge after Wall Street tech sell-off as PBoC shifts policy anchor to overnight rate

By ChordNews · First written

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Summary

Asian stocks moved in different directions after a tech sell-off on Wall Street. The People's Bank of China also shifted its policy anchor to the overnight rate. The available headline gives no further details, figures or quotes.

This continues an earlier story: Asian stocks fall on US tech sell-off as BoJ holds rate at 31-year high

Later: Nasdaq sell-off sends Asian chip and tech stocks tumbling

Timeline

  1. Seeking Alpha

    Source ↗

    Seeking Alpha reports that Asian stocks diverged following a Wall Street tech sell-off, and that the PBoC shifted its policy anchor to the overnight rate.

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