Asian stocks fell broadly on Wednesday amid worries that Beijing's regulation of its tech firms and online education industries may spread to other industries.
The downside remained limited after U.S. megacap technology companies Google, Microsoft and Apple reported record-breaking profits.
Investors also awaited the Fed's policy guidance on inflation and interest rates.
Chinese shares ended lower for a fourth consecutive session as an ongoing regulatory crackdown stirred questions about how far Beijing will go to curb big companies.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.