"Asia-Pacific Stocks React to Rate Cues and Nvidia's Influence"

Most Asian stocks retreated as risk sentiment wavered ahead of more cues from the Federal Reserve and key earnings from NVIDIA Corporation, while Chinese markets saw extended gains following a bigger-than-expected interest rate cut by the People’s Bank of China. Wall Street indexes closed lower, with futures falling in Asian trade as uncertainty ahead of chipmaker Nvidia’s quarterly earnings triggered profit-taking in the technology sector. Japanese and Australian stocks fell, while Chinese stocks rose on positive travel figures and the interest rate cut. The technology sector remained skittish ahead of Nvidia's earnings, with South Korea's market also experiencing losses in heavyweight tech stocks.