Asian stocks track Wall Street's drop, erasing previous day's gains

Asian stocks on Friday tracked Wall Street’s sharp drop in skittish trading, with the region’s major benchmarks erasing the previous day’s gains. Japan’s Nikkei 225 fell 2.4% to 48,645.95 as worries persist about a bubble in artificial intelligence related shares. Better than expected U.S. jobs data also raised the likelihood that the Federal Reserve will hold off on an interest rate cut in December.