Asia shares sputter as China returns with guarded gains

News Snapshot:

The recent spike in IT stocks is expected to be put to the test on Wednesday when AI diva Nvidia releases its results. The U.S. markets were closed on Wednesday A man stands in front of an electric board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan. Reuters File Monday’s faltering start for Asian equities was caused by the atmosphere turning sour due to diminishing prospects of early rate reduction globally, and Chinese markets ended the holiday with only slight gains. The recent spike in IT stocks is expected to be put to the test on Wednesday...