Asian markets fluctuate over AI and Hormuz
Asian financial markets experienced a decline and varied performances amid fears of a downturn in artificial intelligence yields and heightened geopolitical tensions in the Strait of Hormuz. Oil prices remained high, and the US dollar stayed near its highest levels in a year. The MSCI Emerging Markets Index remained relatively stable, while the South Korean KOSPI index dropped by 2% after last week's losses. Meanwhile, Taiwan's stocks rose by 2.1%. Concerns are growing about the impact of rising costs on supply chains and the ongoing political tensions between the United States and Iran.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)