Home › World

Asian stocks skid, Wall Street and bonds aided by oil slip

World 2 sources 2 countries 🔦 Under-reported just now

Asian share markets declined on Monday, led by losses in technology stocks amid mounting unease over the massive funding requirements of artificial intelligence. Japan's Nikkei index dropped 2.0% following a 5.4% loss the previous week, while South Korea's market fell 1.6% after shedding over 14% in prior sessions.

At the same time, Wall Street and global bond markets received support from a decline in oil prices. The market movements occurred ahead of a busy week featuring multiple corporate earnings reports and key economic data releases.

In-depth summary · AI, neutral
Read the full story at the source Channel NewsAsia · SG ↗
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →

Covered by 2 sources