Tech Stocks Rebound in Asia Trading, but Nikkei Falls
A rebound in tech stocks helped lead wide gains Thursday for Asian stock indexes, but the Nikkei fell to session lows amid fresh early-afternoon declines for the dollar.
The dollar has been in a slow retreat of late, with the WSJ Dollar Index through Wednesday down seven of the past eight sessions. Asian morning trading was down slightly Thursday, but the decline picked up speed in the afternoon. The index was recently down 0.3% and near its worst levels in more than a month.