Asia Stocks Steady Amid Cooling Trump Rally and Focus on Fed, China Stimulus

Asian stocks traded flat-to-low as the initial rally from Donald Trump's 2024 U.S. election victory cooled, with attention shifting to potential Chinese stimulus measures and an upcoming Federal Reserve meeting. Chinese stocks showed resilience despite potential trade tariffs, while Japanese stocks were buoyed by a weaker yen. The focus remains on China's National People's Congress for fiscal stimulus cues, and the Fed's meeting for interest rate guidance.