[MARKET UPDATE] Asia-Pac stocks begin negative following the subdued handover from the US, where sentiment was dampened by tech weakness, higher oil prices and firmer-than-expected inflation

Asia-Pac stocks begin negative following the subdued handover from the US, where sentiment was dampened by tech weakness, higher oil prices and firmer-than-expected inflation.

The negative start for Asia-Pac stocks reflects a lack of confidence stemming from the US market's subdued performance, primarily influenced by weakness in the tech sector, rising oil prices, and stronger-than-anticipated inflation data. This environment may signal increased volatility in the Asian markets as investors react to both domestic and global economic concerns.