Global Market Today: Asian stocks edge lower on AI concerns, oil gains
MSCI’s Asia Pacific equities gauge slipped 0.1%, with benchmarks in Japan and South Korea edging lower. The move followed a retreat on Wall Street on Monday, where the Philadelphia Semiconductor Index tumbled 5.9% — its biggest drop in more than two months — with Nvidia Corp. and Intel Corp. among the decliners.
Global Market Today: Asian stocks edge lower on AI concerns, oil gains
What Happened
MSCI’s Asia Pacific equities gauge slipped 0.1%, with benchmarks in Japan and South Korea edging lower. The move followed a retreat on Wall Street on Monday, where the Philadelphia Semiconductor Index tumbled 5.9% — its biggest drop in more than two months — with Nvidia Corp. and Intel Corp. among the decliners.
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Original reporting provided by Economic Times Markets.
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