Asian markets are trading mostly lower on Thursday, despite the broadly positive cues from Wall Street overnight, as South Korea tumbles more than 7 percent amid a selloff in global semiconductor and technology stocks, which reignited concerns over AI valuations. Traders also kept an eye on the escalating conflict between the U.S. and Iran. Asian markets closed mixed on Wednesday.
The US carried out additional strikes against Iranian targets on Wednesday, though US President Donald Trump said Tehran had signaled a willingness to resume negotiations.
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Asian Markets Trade Mostly Lower
2026-07-16 03:03:43
