Asian stocks fluctuate with focus on US Fed meeting

Equities slipped in Japan in early trade while those in South Korea and Australia rose. Futures point to gains in Hong Kong. US contracts were slightly lower after the S&P 500 and Nasdaq 100 both shed 0.4% Tuesday. Honda Motor Corp.’s shares dropped while Nissan Motor Co.’s remain untraded after news that the two firms are exploring a potential merger.

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