Economic TimesLean R·
Asian stocks decline, oil prices gain as US hits Iran
Asian stocks dropped as a selloff in technology shares resumed and tensions in the Middle East escalated after US forces struck Iran. Crude oil advanced.The MSCI Asia Pacific Index fell 0.5% as selling in technology stocks resumed after a rebound on Tuesday. The Kospi Index in South Korea, a bellwether for artificial intelligence investments, dropped 1.7%. The Nikkei in Japan also declined.Contracts for the S&P 500 and the Nasdaq 100 indexes were little changed after the Wall Street benchma…
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