Asia stocks retreat as Kospi leads declines amid uncertain Middle East talks
Asia-Pacific markets fell on Friday, with South Korea’s Kospi pacing losses as mixed signals on Middle East peace efforts kept risk appetite in check.
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Asia-Pacific markets fell on Friday, with South Korea’s Kospi pacing losses as mixed signals on Middle East peace efforts kept risk appetite in check.
The Federal Reserve asked a judge to reject a push to revive subpoenas tied to an investigation involving Chair Jerome Powell, a legal move that lands as former President Donald Trump escalates attacks on Powell over interest-rate policy.
A pullback in U.S. technology stocks has prompted comparisons to the late stages of the dotcom era, with strategists citing narrow market leadership, elevated valuations and a higher-for-longer rates backdrop.
Mexico’s benchmark S&P/BMV IPC index closed down 0.56%, reflecting a cautious tone across stocks as investors assessed interest-rate and inflation signals alongside upcoming earnings updates.
Bogotá equities eased with the COLCAP down 0.93% at the close, as investors weighed global rate paths and local inflation dynamics. The move highlights sensitivity to external financing costs and commodity-linked earnings.
Russian stocks fell at the close, with the MOEX Russia Index down 1.31% as investors navigated a cautious global backdrop shaped by interest-rate policy and inflation signals. The move underscores how rates and macro data continue to steer risk appetite across markets.
U.S. technology shares capped their weakest week in almost 12 months, pressured by war concerns that lifted energy prices, a sharp drop in a leading chipmaker, and two courtroom setbacks for a mega-cap platform company.
Infiniti unveiled the QX65, a new midsize SUV for the U.S., aiming to rebuild brand momentum in a market where SUVs account for roughly three-quarters of new-vehicle sales.
Rising oil prices and Middle East risk are reshaping market leadership, with tech under pressure and energy gaining. Investors weigh inflation, earnings quality, and interest-rate timing.