(June 2): Asian stocks look set for a steady open Wednesday after U.S. equities inched lower as the tussle between economic optimism and inflation concern continues to play out in markets. Treasury yields edged up. Futures rose modestly in Japan and Australia but dipped in Hong Kong. The S&P 500 and Nasdaq 100 closed with small losses after U.S. manufacturing data topped estimates but also signaled supply shortages and labor constraints. U.S. equity contracts slipped.
