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Asian investors battled Wednesday to kickstart a recovery in equities following the latest stagger across world markets that has been caused by worries over an AI-fuelled bubble and uncertainty over US interest rates.

Such figures are deemed key to understanding by how much further the Fed could cut interest rates in the coming months to boost the economy.

This all makes it tempting to think the labor market might be at risk of collapse, which could prompt the Federal Reserve to cut interest rates at its meeting from Dec. 9 to Dec. 10.

After the chip designer reports but before Thursday’s opening bell, the Labor Department’s September jobs report will provide fresh insight into whether an increasingly divided Federal Reserve will cut interest rates next month.

The dollar rose as markets bet that the Fed will keep rates on hold next month.