Stocks in Asia were set to slip at Wednesday's market open despite overnight gains on Wall Street.
div > div.group > p:first-child"> Futures pointed to a lower open for the Nikkei 225 in Japan. The Nikkei futures contract in Chicago was at 21,290, as compared to the benchmark index's last close at 21,428.39.
Shares of Wesfarmers was up 0.33 percent and Lynas declined 3.33 percent, after the latter rejected a takeover bid by the conglomerate. Investors see a yield-curve inversion as a signal that a recession may be on the horizon, so a rise in long-term rates is being viewed as a positive right now.
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