Asian markets tumble amid tech sell-off, AI spending concerns
Asian markets traded lower on Monday, following losses on Wall Street last week as renewed selling pressure in technology stocks weighed on investor sentiment.
November 02, 2026 (MLN): Asian markets traded lower on Monday, following losses on Wall Street last week as renewed selling pressure in technology stocks weighed on investor sentiment. Japan’s Nikkei 225 declined 0.54%, while the broader Topix index fell 0.74%. South Korea’s Kospi dropped 1.39% at the opening, while the small-cap Kosdaq index lost 0.81%. Australia’s S&P/ASX 200 slipped 0.24%. Investor sentiment...