Asian stocks rebound as chip shares climb and oil prices ease
What's next: Investors are looking to earnings from Tesla and Alphabet this week for signs AI spending can support valuations.
What's next: Investors are looking to earnings from Tesla and Alphabet this week for signs AI spending can support valuations.
Why it matters: The bounce came as oil eased and investors shifted focus to Tesla and Alphabet earnings for proof AI spending can pay off.
What's new: MSCI's Asia-Pacific gauge sank 2.1% and Brent neared $85 a barrel as AI spending fears and Middle East tensions hit sentiment.
What's new: MSCI's Asia-Pacific gauge fell 2.1%, Brent neared $85 a barrel and Taiwan Semiconductor sank more than 4%.
What's new: Brent neared $85 a barrel and was up 12% for the week as Strait of Hormuz shipping slumped, adding to inflation worries.
What's new: Brent neared $85 a barrel and was up 12% for the week as Middle East tensions and weaker Hormuz shipping stoked inflation fears.
What's new: South Korea's Kospi surged nearly 6%, while Nasdaq 100 futures climbed about 2% after Micron projected another record quarter.
Why it matters: Samsung and SK Hynix now make up more than half the index, magnifying losses as AI-driven bets unwind.
What's new: The 7-1 move pushed the Nikkei to a record above 70,000, lifted the yen and paused bond-tapering from April.
What's new: The 7-1 move sent the Nikkei to a record above 70,000 while the yen hovered near 160 per dollar.
What's new: Trading in Seoul briefly halted after the index slid as much as 8.8%, while Samsung fell 10.2% and SK Hynix lost 7.7%.
Why it matters: renewed attacks rattled traders already worried about inflation and disruption to shipping through the Strait of Hormuz.
Why it matters: The drop spilled from US AI shares, and South Korea's plunge was sharp enough to trigger a 20-minute circuit breaker.