Asian stocks back in retreat as tech mood sours again
Equities sank Thursday in Asia as tech firms resumed their downward spiral following a mixed bag of earnings from Wall Street titans, while sentiment was also soured by another spike in oil prices.Asian tech firms sank, dragging broader markets with them, with South Korean chipmakers SK hynix and Samsung losing around three percent, while Japan's Kioxia and Tokyo Electron were off similar amounts.
Equities sank Thursday in Asia as tech firms resumed their downward spiral following a mixed bag of earnings from Wall Street titans, while sentiment was also soured by another spike in oil prices.Asian tech firms sank, dragging broader markets with them, with South Korean chipmakers SK hynix and Samsung losing around three percent, while Japan's Kioxia and Tokyo Electron were off similar amounts.
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