Asian Stocks Rebound as Tech Rout Eases, but Weekly Losses Loom

Most Asian stocks rebounded on Friday as technology shares recovered some of their losses from earlier in the week, aided by easing Treasury yields. However, most regional indexes were still on track for weekly losses due to uncertainty over the Israel-Hamas war, rising yields, and anticipation of upcoming central bank meetings. South Korea's stock market was among the worst performers, while Japanese tech stocks weighed on the index. Hong Kong's market showed some improvement, but remained close to an 11-month low. Chinese shares performed better on hopes of stimulus measures, while Australia's market tracked optimism over China. Sentiment remained negative overall due to anticipation of the Federal Reserve meeting next week, with any hawkish signals likely to lead to further stock market losses.