<h1>Asian Markets Drop Amid U.S. Tariff Concerns; S&P 500 Rises on Tech Gains; China's Interest Rates Steady</h1> Asian shares mostly declined, influenced by concerns over U.S. tariff policies, despite the S&P 500's gains on Wall Street. Japan's Nikkei 225, Australia's S&P/ASX 200, South Korea's Kospi, and Hong Kong's Hang Seng all saw drops, with China's unchanged interest rate decision aimed at maintaining stability. The S&P 500 rose, driven by Microsoft's advancements in quantum computing and Tesla's gains following another electric vehicle company's bankruptcy. U.S. homebuilding slowed, impacted by high mortgage rates despite Federal Reserve rate cuts. The 10-year Treasury yield slightly decreased, while oil prices and the U.S. dollar saw minor changes.