Asian Shares Slide On Inflation Concerns, Mounting Fed Tightening Bets

Asian stocks gave up early gains to end mostly lower on Friday, with concerns about Nvidia’s leadership turmoil and increased expectations for tighter Federal Reserve policy keeping investors on edge.

A spike in oil prices and U.S. Treasury yields fueled inflation concerns after U.S. President Donald Trump downplayed the prospects of a comprehensive diplomatic solution with Iran, halted the negotiation process that Vice President Vance was advancing, and instead accepted a stalemate characterized by “no war, no talks.”