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Asia stocks follow Wall St down as Fed warns of higher rates

FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 16, 2022. Asian shares followed Wall Street and Europe lower on Friday, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control. (AP Photo/Ahn Young-joon) A currency trader reads documents at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 16, 2022. Asian shares followed Wall Street and Europe lower on Friday, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control. (AP Photo/Ahn Young-joon) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 16, 2022. Asian shares followed Wall Street and Europe lower on Friday, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control. (AP Photo/Ahn Young-joon) A currency trader runs at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 16, 2022. Asian shares followed Wall Street and Europe lower on Friday, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control. (AP Photo/Ahn Young-joon) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) FILE - Logos the New York Stock Exchange adorn trading posts, on the floor, Wednesday, March 16, 2022. Stocks are off to mixed start on Wall Street, Thursday, April 7, as several major technology stocks rose even as many other parts of the market were in the red. (AP Photo/Richard Drew, File) A currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Dec. 15, 2022. Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that more interest rate hikes are in store following its latest increase. (AP Photo/Ahn Young-joon) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Dec. 15, 2022. Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that more interest rate hikes are in store following its latest increase. (AP Photo/Ahn Young-joon) A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Dec. 15, 2022. Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that more interest rate hikes are in store following its latest increase. (AP Photo/Ahn Young-joon) A currency watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Dec. 15, 2022. Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that more interest rate hikes are in store following its latest increase. (AP Photo/Ahn Young-joon)
Asia stocks follow Wall St down as Fed warns of higher rates