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Asia shares slide across board amid rate hike, COVID worries

FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The Microsoft company logo is displayed at their offices in Sydney, on Feb. 3, 2021. Stocks are off to a mixed start on Wall Street Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates. (AP Photo/Rick Rycroft, File) A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Friday, June 3, 2022. Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. (AP Photo/Lee Jin-man) A currency trader walks by the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Friday, June 3, 2022. Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. (AP Photo/Lee Jin-man) A currency trader watches computer monitors at a foreign exchange dealing room in Seoul, South Korea, Friday, June 3, 2022. Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. (AP Photo/Lee Jin-man) A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Friday, June 3, 2022. Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. (AP Photo/Lee Jin-man) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are off to a mixed start on Wall Street, Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates.(AP Photo/Richard Drew, File) In this photo provided by the New York Stock Exchange, trader Robert Charmak works on the floor, Wednesday, June 1, 2022. Stocks were moderately lower in midday trading Wednesday after a stronger-than-expected report on manufacturing showed that it's likely the Federal Reserve will continue to aggressively raise interest rates to slow down the economy and tame inflation. (Courtney Crow/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Robert Charmak works on the floor, Wednesday, June 1, 2022. Stocks were moderately lower in midday trading Wednesday after a stronger-than-expected report on manufacturing showed that it's likely the Federal Reserve will continue to aggressively raise interest rates to slow down the economy and tame inflation. (Courtney Crow/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Robert Charmak works on the floor, Wednesday, June 1, 2022. Stocks were moderately lower in midday trading Wednesday after a stronger-than-expected report on manufacturing showed that it's likely the Federal Reserve will continue to aggressively raise interest rates to slow down the economy and tame inflation. (Courtney Crow/New York Stock Exchange via AP) In this photo provided by the New York Stock Exchange, trader Robert Charmak works on the floor, Wednesday, June 1, 2022. Stocks were moderately lower in midday trading Wednesday after a stronger-than-expected report on manufacturing showed that it's likely the Federal Reserve will continue to aggressively raise interest rates to slow down the economy and tame inflation. (Courtney Crow/New York Stock Exchange via AP) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, June 2, 2022. Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region. (AP Photo/Ahn Young-joon) A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), center, and the exchange rate of South Korean won against the U.S. dollar, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, June 2, 2022. Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region. (AP Photo/Ahn Young-joon) Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, June 2, 2022. Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region. (AP Photo/Ahn Young-joon) Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, June 2, 2022. Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region. (AP Photo/Ahn Young-joon)
Asia shares slide across board amid rate hike, COVID worries