Asian indexes turn red following tech retreat on Wall Street
Asian stock indexes declined following a drop on Wall Street, primarily due to losses in major tech stocks. Oil prices fell after President Trump halted execution plans in Iran, while gold prices decreased as investors took profits. Japan's index fell 0.83%, China down 0.60%, and Hong Kong down 0.55%. India’s SENSEX fell 0.29%, and the rupee weakened. Conversely, Australia’s index rose 0.44%, supported by commodity stocks. U.S. futures also dipped as tech and bank shares declined, with Dow down 0.10%, S&P 500 down 0.09%, and Nasdaq down 0.17%.
