Troise and Alex Veiga contributed.
It's the latest turbulence for the market as traders brace for more earnings reports from major U.
Stocks shook off a wobbly start and gained ground in late morning trading on Wall Street Wednesday, after a big sell-off of tech stocks a day earlier.
The Nasdaq was barely changed at 12,488.
Federal Reserve has begun raising interest rates to counter surging inflation and investors have been selling yen to seek higher returns in dollar-denominated assets.
Investors were also focused on earnings from industrial companies and various retailers.
Stocks are opening lower on Wall Street again, and big technology companies were leading the way lower ahead of a busy week of earnings reports from several of them.
Asian shares logged moderate gains on Thursday after Wall Street stabilized following a sell-off in tech stocks the day before.