On Wednesday, Asian stocks opened lower, influenced by tech losses on Wall Street, as investors awaited signals on interest rates from the US Federal Reserve. The Nikkei 225 index dropped 0.84%, losing 302.08 points to reach 35,763.78, and the broader Topix index fell 0.26%, shedding 6.63 points to settle at 2,520.30. Hong Kong’s Hang Seng Index declined by 0.33%, down 51.40 points at 15,652.05. However, South Korea’s KOSPI remained relatively flat, gaining 0.03% or 0.84 points, reaching 2,499.65. 

The Federal Reserve is anticipated to maintain its key interest rate at 5.25%-5.50% after the policy meeting conclusion on Wednesday.

Meanwhile, Microsoft Corp. and Alphabet Inc. reported earnings, leading to declines in late trading and impacting Nasdaq 100 futures.

On Tuesday, the S&P 500 closed at 4,924.97 points, with a 0.06% decline, while the Nasdaq Composite Index fell 0.76% to 15,509.90 points, and the Dow Jones Industrial Average rose 0.35% to 38,467.31 points.