(Feb 6) : Asian stocks were set to open lower Friday as heavy selling in US tech stocks and crypto weighed on sentiment, combining with weak jobs data to support a rotation into Treasuries. Equity index futures for Japan, Australia and Hong Kong all fell, following a 1.2% drop for the S&P 500 on Thursday. The slide of as much as 11% for Amazon shares after the close on Thursday was emblematic of the pain facing tech stocks. “Volatility could persist, particularly if near-term uncertainty increases.”In Asia, data set for release includes household spending in Japan, unemployment in the Philippines and inflation for Vietnam. The yield on 10-year Treasuries slid nine basis points to 4.18%, while Australia’s 10-year yield opened lower Friday.

Source: The Edge Markets February 05, 2026 23:15 UTC