Asian Stocks Mixed, US Futures Fall as Investors Await US Jobs Data

Asian stocks gave up most of their initial gains and US stock futures fell as investors awaited US jobs data due Friday. The data is considered crucial in determining the Federal Reserve`s next interest rate move. Markets are particularly sensitive to economic data due to recession concerns. Adding to the uncertainty, tech stocks continued to slide following Nvidia`s recent plunge. While Japanese stocks fell, Taiwan`s market rose, boosted by chipmaker shares. The US dollar held steady after a previous decline. Market sentiment towards Chinese stocks remained subdued due to concerns over insufficient policy support and potential US election-related volatility.