• The Dow Jones Industrial Average .DJI fell 19.42 points, or 0.08 percent, to 24,893.35, the S&P 500 .SPX lost 13.48 points, or 0.50 percent, to 2,681.66 and the Nasdaq Composite .IXIC dropped 63.90 points, or 0.9 percent, to 7,051.98.
U.S. stocks ran out of steam on Wednesday after an early surge, in a sign that investors are still spooked by the market’s recent retreat and wary more fallout is to come.
• The market’s pullback came with concerns about rising bond yields and higher inflation, reinforced by Friday’s January U.S. jobs report that prompted worries the Federal Reserve will raise benchmark interest rates at a faster pace than expected this year.
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• Most Asian indexes climbed early on Thursday after last session's rally stalled late in the trading day. Gains in the region followed the slightly lower close seen on Wall Street as U.S. bond yields rose.
In Tokyo, the Nikkei 225 jumped 0.74 percent after closing barely in positive territory in the last session. Financials, automakers and manufacturers were firmly higher: Toyota rose 2.94 percent early in the day, Fanuc Manufacturing gained 2.67 percent and Mitsubishi UFJ Financial Group was up 1.53percent.
Reference: Reuters, CNBC
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