Asian stocks slip on AI woes, oil extends drop

Gauges in Japan and South Korea retreated, sending the broader MSCI Asia Pacific Index down 0.4%. The moves came after the tech-heavy Nasdaq 100 Index fell 1.6%, and a gauge of US chip stocks tumbled over 5%.

Jul 3, 2026 - 07:00
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Asian stocks slip on AI woes, oil extends drop
Gauges in Japan and South Korea retreated, sending the broader MSCI Asia Pacific Index down 0.4%. The moves came after the tech-heavy Nasdaq 100 Index fell 1.6%, and a gauge of US chip stocks tumbled over 5%.

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