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Global Market Today: Asian equities drop led by Kospi, oil extends gain

Asian stocks declined as semiconductor shares faced renewed selling pressure. Crude oil prices climbed higher due to fresh strikes in the Middle East. Government bonds in Australia and New Zealand opened higher after US inflation data. Traders reduced expectations for Federal Reserve interest rate increases this year. Investors assess if strong earnings can sustain the artificial intelligence rally.

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Economic TimesLean R·3h ago
Global Market Today: Asian equities drop led by Kospi, oil extends gain
Asian stocks declined as semiconductor shares faced renewed selling pressure. Crude oil prices climbed higher due to fresh strikes in the Middle East. Government bonds in Australia and New Zealand opened higher after US inflation data. Traders reduced expectations for Federal Reserve interest rate increases this year. Investors assess if strong earnings can sustain the artificial intelligence rally.
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Global Market Today: Asian equities drop led by Kospi, oil extends gain

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