"Asia Stock Markets React to Reuters Tankan and Australia GDP: Live Updates"

Asian markets rebounded, led by Japan's Nikkei 225, after a broad sell-off on Tuesday. Australia's third-quarter GDP expanded 2.1% year-on-year, beating expectations. The Reuters Tankan survey showed improving business sentiment among large Japanese manufacturers. In the US, the Dow Jones and S&P 500 slid, while the Nasdaq Composite gained. Goldman Sachs, JPMorgan, and Morgan Stanley have released their top stock picks for December. Oil prices fell despite OPEC+ efforts to convince traders of production cuts. Nio's losses narrowed, leading to a rise in its stock price. Job openings in October fell to the lowest level since March 2021.