Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, with South Korea and Japan leading the losses amid a broad selloff in semiconductor stocks. Ongoing geopolitical tensions in the Middle East also kept crude oil prices higher and raised global inflation concerns. Bond yields also spiked to the highest levels in nearly two decades. Asian markets closed mostly lower on Tuesday.
US President Donald Trump said there are currently no U.S.-Iran peace talks taking place or scheduled. With both the U.S. and Iran asserting control over Strait of Hormuz, shipping traffic has fallen drastically, rekindling crude oil supply concerns.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial – No Payment Required
Market Analysis
Asian Markets Track Wall Street Lower
2026-08-19 03:15:07
