Global Market Today: Asian stocks fall on tech selloff, brent trades above $100
Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their gains after closing over one hundred dollars, reaching a May high. Treasuries fell and the dollar strengthened as inflation and interest rate hike concerns grew. US President Donald Trump's threats intensified conflict worries after Houthi militants attacked oil tankers. These events fueled concerns over potential disruptions to global energy supplies.
Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their gains after closing over one hundred dollars, reaching a May high. Treasuries fell and the dollar strengthened as inflation and interest rate hike concerns grew. US President Donald Trump's threats intensified conflict worries after Houthi militants attacked oil tankers. These events fueled concerns over potential disruptions to global energy supplies.
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