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Asian stocks fall after tech sector selloff
Summary by PerthNow
4 Articles
4 Articles
Asian stocks drop as technology shares decline
Sentiment towards markets was dented by increasing conviction that the Bank of Japan will raise interest rates at the conclusion of a two-day meeting on Friday Most Asian stocks dropped on Thursday as technology shares resumed their decline on persistent concerns over stretched artificial intelligence valuations, while anticipation of a hawkish Bank of Japan also weighed. Nikkei 225 declined 1% on Thursday, while the TOPIX shed 0.3%. Sentiment t…
In the currency markets, the value of the dollar against a basket of currencies is stagnant.
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