Women chat as they monitor stock prices at a brokerage house in Beijing, Monday, March 26, 2018. (AP Photo/Andy Wong)
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Stock markets and other riskier assets steadied on Thursday as investors dusted themselves down after a woeful week for the tech sector, readying for what was set to be the first quarterly drop in global equities in two years.The 10-year U.S. Treasury yield was at 2.773 percent after touching a near two-month low of 2.743 percent overnight amid the strains on Wall Street.Shares of the so-called FANG group -- Facebook, Amazon, Netflix and Alphabet -- were up between 0.60 and 1.6 percent in pre-market trading.All three major U.S. indexes ended in the red again Wednesday with $30 billion wiped off Amazon's shares alone after reports U.S. President Donald Trump wanted to rein in the firm's power in online retailing.The greenback was 0.3 percent lower against the yen -- often sought in times of market turmoil and political tensions -- at 106.46 yen Thursday.In commodities, U.S. crude futures slipped 0.2 percent to $64.28 a barrel after dropping 1 percent the previous day when data showed U.S. crude inventories unexpectedly rose last week.
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