Asian Markets Slide as Tech Selloff, Middle East Tensions Rattle Investors

Key points· Video

• 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.
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