Asian Markets Slide as Tech Selloff, Middle East Tensions Rattle Investors
Asian markets fell sharply on Friday as investors pulled back from technology stocks and sought safer assets amid escalating geopolitical tensions in the Middle East
Asian markets fell sharply on Friday as investors pulled back from technology stocks and sought safer assets amid escalating geopolitical tensions in the Middle East. A continued selloff in AI-linked shares, triggered by disappointing results from chipmaker Broadcom, added to the pressure, while uncertainty surrounding U.S.-Iran talks and renewed regional hostilities dampened market sentiment.
South Korea's Kospi and Japan's Nikkei posted significant losses, while European shares also opened lower. Despite the market turbulence, oil prices remained relatively stable as traders awaited further clarity on the geopolitical outlook and energy supply risks. About NDTV (English news channel) NDTV is India's Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world.
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