By Hideyuki Sano
TOKYO (Reuters) - U.S. stock futures tumbled on Thursday and Asian markets looked set to follow after Canadian authorities arrested a top executive of Chinese tech giant Huawei Technologies, fanning fears of further tensions between China and the United States.
S&P500 e-mini futures
The arrest heightened the sense of a major collision between the world's two largest economic powers not just over tariffs but also over technological hegemony.
It also came as an inversion in the U.S. yield curve has stoked global investor worries of a possible U.S. recession.
Australian shares were down 0.3 percent <.AXJO> but MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> were little changed, ahead of opening of most other markets in the region.
Futures pointed to a fall of 0.4 percent in Japan's Nikkei <.N225>.
Currencies were steadier, with major currencies little changed so far.
The euro traded flat at $1.1347
U.S. Treasuries futures
The benchmark Treasury 10-year yield
Because an inverted curve has often tended to precede a recession, investors were spooked by that.
(Editing by Kim Coghill)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)