Asian stocks dip after U.S. data

(Reuters) - The Institute for Supply Management's services index rose to its highest level in a year in June, while a report from ADP Employer Services pointed to robust jobs growth, leading market participants to believe that U.S. payrolls data due later on Friday will be better than expected.




The news pushed the benchmark 10-year Treasury yield up to 5.15 percent from around 5.06 percent early on Thursday, sending the blue-chip Dow down a touch. But the tech-heavy Nasdaq Composite Index added 0.4 percent, helped by a rally in Apple Inc. .


Read more at Reuters.com Hot Stocks News