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 الخليج
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2026-08-06T07:43:00.000Z

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Asian markets track Wall Street tech gains

Asian markets track Wall Street tech gains

Asian stock indices declined, led by the Japanese Nikkei, which fell by more than 2%, amid a drop in major technology stocks due to a decline in artificial intelligence company shares and a slowdown in semiconductor stocks. Meanwhile, Wall Street and Europe reached record levels. The decline in Asia comes amid falling oil prices and concerns about renewed worries over heavy spending on artificial intelligence, while the American markets experienced gains as the week began, with expectations that Washington and Tehran will reach an agreement that reduces inflation pressures.

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