Asian Stocks Slide as Nasdaq 100 Drops Nearly 1% on Tech Selloff

3 articles · Updated · Bloomberg · Aug 24

Japan and South Korea equity-index futures pointed lower Tuesday, signaling broad pressure on Asian stocks after a tech-led Wall Street retreat.
The Nasdaq 100 fell nearly 1% as semiconductor heavyweights dragged US shares down, leaving US stock-index futures little changed in early trading.
Nvidia dropped for a seventh straight session ahead of earnings this week, its longest losing streak since 2022 and a fresh weight on tech sentiment.
A drop in oil offered limited relief as traders also assessed Treasury Secretary Scott Bessent’s plan to isolate Iran from the global economy.

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7 Sources

Could Nvidia's upcoming earnings trigger a deeper trillion-dollar collapse, or is the recent AI tech selloff just a temporary market illusion?

Will Washington's aggressive new sanctions against Iran choke global oil supply, or are these escalating geopolitical threats already priced into the market?