By Lauren Almeida
-- U.S. Treasury yields fall
-- Crude oil prices rise
Asian stocks mostly weakened Wednesday after President Trump's comments in a White House cabinet meeting signaled enduring tensions with China over trade and technology.
The South Korean Kospi fell the most, by 0.9%, as its own trade dispute continued with Japan.
In Europe, the Stoxx Europe 600 switched between small losses and gains ahead of another day of major U.S. earnings. Bank of America, Netflix, eBay and Alcoa are due to report results later in the day.
Meanwhile, Federal Reserve Chairman Jerome Powell told an audience in Paris on Tuesday that the central bank is "carefully monitoring" downside risks to U.S. growth, strengthening expectations of an interest-rate cut.
U.S. stocks fell from a record high Tuesday after Mr. Trump said the government would examine national-security concerns around Google's ties to China.
The yield on 10-year Treasurys fell to 2.094% Wednesday from 2.124% Tuesday. Yields fall when bond prices rise.
The British pound slipped a further 0.1% against the dollar Wednesday, extending several days of weakness, as U.K. leadership candidates Boris Johnson and Jeremy Hunt hardened their Brexit stances. The WSJ Dollar Index, which measures the currency against a basket of peers, edged up by 0.1%.
Global oil benchmark Brent crude rose by 0.4% to $64.63 a barrel. Gold was down by 0.3%.
Write to Lauren Almeida at firstname.lastname@example.org