asian stocks decline as nvidia revenue forecast disappoints markets

Asian equities are set to decline early due to the subdued sentiment on Wall Street following Nvidia Corp.'s disappointing revenue forecast. Despite meeting third-quarter revenue and earnings expectations, Nvidia's outlook fell short of the highest estimates, resulting in a drop in futures for the tech-heavy Nasdaq 100.

US equity benchmarks remained largely unchanged, while stock futures for Japan and Hong Kong experienced declines. At the same time, Treasury yields and the dollar saw an uptick, indicating a shift in market dynamics.

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