A sharp overnight decline in US technology stocks has sent ripples through Asian markets, with semiconductor-driven unwinds triggering broader risk reductions across regional equity sectors.
A wave of losses hit tech and semiconductor shares across the US and Asia after Democratic midterm victories raised the prospect of regulatory headwinds for AI infrastructure spending.
Major U.S. stock indexes posted steep losses on Thursday amid a broad risk-off move, with the Nasdaq 100 leading the decline as traders dumped positions in chipmakers and artificial-intelligence-related equities.
Wednesday's sharp rally in equities was fueled not only by the Democratic sweep in the 2026 midterms but also by President Trump's public acceptance of the outcome, a move analysts say removes a key source of policy uncertainty from the market.
U.S. stock indices posted broad gains on Wednesday, with the Dow Jones leading the advance as traders priced in a more favorable political backdrop following midterm elections.
Japan's Nikkei Stock Average opened flat in early trade, with advances in financial and airline equities offsetting losses in technology and pharmaceutical names.
Gold maintained its position following the most significant weekly advance in two months, as growing expectations of a US-Iran diplomatic breakthrough pushed crude oil lower and calmed inflation worries in global markets.
Taiwan's benchmark equity index has shed over 1,800 points across two consecutive trading days, leaving the market hovering near the 45,200 level and setting the stage for a potential third losing session on Monday.
U.S. equities ended Tuesday's session in mixed territory, with the S&P 500 and Nasdaq 100 posting gains while the Dow slipped, as strength in chipmakers provided key support for tech-biased benchmarks.
West Texas Intermediate crude oil has clawed back toward the $95.50 mark, with traders pointing to renewed optimism around diplomatic engagement with Iran as a key driver behind the price action.
Kim Yo-jong, sister of Kim Jong Un, dismissed claims that Pyongyang masterminded the record-breaking $6.3 billion breach of Binance, branding the allegations a politically motivated smear by Washington.
A broad tech-led sell-off that weighed on global equities late last week lost momentum in early Monday sessions, with Asian markets underperforming less severely than their US counterparts and US stock futures ticking higher. Crude oil, meanwhile, continued its slide.
XTB's chief executive acknowledged the Polish broker arrived late to Britain, where its revenue is roughly 3% of rival Trading 212's, while Indonesia now outperforms every other market in monthly account sign-ups except Poland.
Broadcom, Verizon, UnitedHealth and six other companies have formally objected to having their shares tokenized under the SEC's new Innovation Exemption, signaling deep institutional skepticism toward the OKX-ICE trading venue.
The Crypto.com spin-off joins Coinbase, Kalshi, and Payward in a growing wave of filings to bring non-expiring, cash-settled futures on individual US equities to regulated American markets.
West Texas Intermediate crude oil has clawed back toward the $95.50 mark, with traders pointing to renewed optimism around diplomatic engagement with Iran as a key driver behind the price action.
Gold maintained its position following the most significant weekly advance in two months, as growing expectations of a US-Iran diplomatic breakthrough pushed crude oil lower and calmed inflation worries in global markets.
The U.S. wheat complex closed out the week with modest gains across all three benchmark exchanges, with front-month contracts at Chicago and Kansas City posting two-to-three-cent advances.
Kim Yo-jong, sister of Kim Jong Un, dismissed claims that Pyongyang masterminded the record-breaking $6.3 billion breach of Binance, branding the allegations a politically motivated smear by Washington.
Binance is investigating a potential security incident after several billion dollars in digital assets moved out of its wallets. Tether and Circle have frozen well over a billion dollars in stablecoins, while on-chain trackers place the total outflow between $3.3 billion and $5.8 billion.
The world's largest cryptocurrency exchange has temporarily suspended all withdrawals while investigating a security breach, prompting Tether and Circle to freeze billions of dollars in stablecoins.
A sharp overnight decline in US technology stocks has sent ripples through Asian markets, with semiconductor-driven unwinds triggering broader risk reductions across regional equity sectors.
A wave of losses hit tech and semiconductor shares across the US and Asia after Democratic midterm victories raised the prospect of regulatory headwinds for AI infrastructure spending.
Major U.S. stock indexes posted steep losses on Thursday amid a broad risk-off move, with the Nasdaq 100 leading the decline as traders dumped positions in chipmakers and artificial-intelligence-related equities.
Wednesday's sharp rally in equities was fueled not only by the Democratic sweep in the 2026 midterms but also by President Trump's public acceptance of the outcome, a move analysts say removes a key source of policy uncertainty from the market.
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Indicative FX reference rates against the US dollar. · Updated 6 Nov, 00:02 UTC