Asian markets experienced a broad decline as initial optimism surrounding US trade agreements waned, with investors turning cautious amid ongoing US-China trade discussions. Tech stocks, particularly those linked to AI, saw significant gains, fueled by investments from companies like Alphabet and deals involving Tesla and Samsung. However, mixed earnings reports and concerns over valuations tempered overall market sentiment.
Asian markets experienced a broad decline as initial optimism surrounding US trade agreements waned, with investors turning cautious amid ongoing US-China trade discussions. Tech stocks, particularly those linked to AI, saw significant gains, fueled by investments from companies like Alphabet and deals involving Tesla and Samsung. However, mixed earnings reports and concerns over valuations tempered overall market sentiment.