Categories: Business

Asian markets tumble as AI stock sell-off deepens; Nikkei sinks nearly 6%, HSI plunges 2%

Asian stock markets experienced significant selling pressure on Friday. Japan’s Nikkei 225 and Taiwan’s benchmark saw sharp declines. Concerns over artificial intelligence stock valuations and Middle East conflict weighed on investors. Oil prices extended gains as Middle East tensions escalated. US futures traded lower following a mixed session on Wall Street.

The News Vista

Share
Published by
The News Vista

Recent Posts

Should Novak Djokovic take a leaf from Lionel Messi and retire?

Now, Messi and Djokovic do have a lot in common. Both came from impoverished backgrounds…

41 minutes ago

Punjab health scheme covers 12,467 sepsis treatments worth Rs 51.58 crore

Punjab's health initiative has successfully treated more than 12,000 cases of severe sepsis and septic…

49 minutes ago

Union minister Chirag Paswan gets death threat; seeks protection

Union minister Chirag Paswan received a death threat through postal mail on Tuesday. The letter…

50 minutes ago

India’s tech jobs face another jolt: Oracle to cut 3,000, Microsoft puts 500 on PIPs

Global tech giant Microsoft has put around 500 employees in India on performance improvement plans…

52 minutes ago