
Asia stocks teeter after a rough day on Wall Street on Omicron and Fed concerns
CNN
Stocks in Asia Pacific were unsteady Thursday after a major sell-off on Wall Street, as investors continued to grapple with Omicron headlines and concerns that the US Federal Reserve may need to take a more hawkish stance in the coming months.
Some markets in the region fell sharply, with Japan's benchmark Nikkei (N225) and Australia's S&P/ASX 200 plunging as much as 2.9% and 2.7%, respectively. South Korea's Kospi (KOSPI) slid 1.1%.
Meanwhile, investors in Greater China appeared calmer: As of 2:38 p.m. local time, the Shanghai Composite (SHCOMP) and Hong Kong's Hang Seng Index (HSI) were flat.

Oregon authorities are investigating a shooting by a Border Patrol agent in Portland that wounded two people federal authorities say are tied to a violent international gang – an incident that renewed questions about the Trump administration’s handling of its immigration crackdown in the city and across the US.

Mutual distrust between federal and state authorities derailed plans for a joint FBI and state criminal investigation into Wednesday’s shooting of a Minneapolis woman by an ICE officer, leading to the highly unusual move by the Justice Department to block state investigators from participating in the probe.

Vice President JD Vance’s claim Thursday that an Immigration and Customs Enforcement officer who fatally shot Renee Nicole Good in Minneapolis is “protected by absolute immunity” drew immediate pushback from experts who said the legal landscape around a potential prosecution is far more complicated.










