Asian markets mixed today: AI rally cools, Hang Seng gains 174 points while Kospi steadies after record peak
Asian equities traded mixed as the AI and tech rally cooled, with Hong Kong’s Hang Seng inching up while Shenzhen and Shanghai fell. Wall Street also saw a softer mood, with the S&P 500 retreating from a record high and chipmakers leading declines. Oil prices remained elevated due to ongoing disruptions in the Strait of Hormuz.🕒 1 min read
Asian equities traded mixed as the AI and tech rally cooled, with Hong Kong’s Hang Seng inching up while Shenzhen and Shanghai fell. Wall Street also saw a softer mood, with the S&P 500 retreating from a record high and chipmakers leading declines. Oil prices remained elevated due to ongoing disruptions in the Strait of Hormuz.
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