HighNegative
Announced Fri, 26 Jun · 06:43 IST
Global Market Today: Asian stocks decline led by tech, oil holds steady
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Asian equities fell 1.1 percent led by tech, with South Korea's Kospi dropping over 3 percent on weakness in SK Hynix and Samsung. US futures were little changed after a choppy session where Apple slid 6.1 percent on price hikes, though Nasdaq 100 ended up 0.8 percent on strong Micron results and Qualcomm's forecast of over 15 billion dollars in annual AI-related data center sales by fiscal 2029. Brent crude held steady after a Strait of Hormuz vessel strike, while Fed rate hike expectations eased after May PCE inflation rose 0.4 percent versus 0.5 percent estimate, with the annual rate at 4.1 percent.