Asian stocks stabilized in early trading Tuesday after a technology rout sank Nasdaq shares overnight. Treasuries came off their highs after yields dived on growing conviction the Federal Reserve will cut interest rates. Equities fluctuated at the open in Japan, Australia and South Korea. Futures on the S&P 500 Index were flat. The Nasdaq 100 Index tumbled more than 2% Monday as the FAANG cohort of tech companies was said to potentially face antitrust probes, though declines for other U.S. equity gauges were more muted. Two-year Treasury yields earlier dropped to their lowest since 2017 aft...
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