Asian stocks were broadly steady as elevated oil prices and rising bond yields kept investors cautious ahead of the Federal Reserve’s interest-rate decision.
MSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding round at a $1.2 trillion valuation. The S&P 500 and Nasdaq 100 slipped Tuesday, while a gauge of chipmakers eked out an increase.