Asian markets mixed as US tech rally fades; Kospi, Nikkei open lower
CNBC-TV18 1 hr ago·22 Oct 2026, 1:38 am
Asian equity futures slipped on Thursday as the earlier surge in U.S. technology stocks lost momentum, leaving regional markets in a mixed start. South Korea’s Kospi and Japan’s Nikkei opened lower, reflecting cautious sentiment after the tech rally faded, while other Asian indices showed modest gains.
In India, the Jio Platforms initial public offering entered its second day of trading, drawing significant attention from local investors and adding to overall market activity. At the same time, crude oil prices remained above the $110‑per‑barrel mark, a level that can weigh on inflation expectations and influence commodity‑linked stocks.
Investors will likely keep an eye on upcoming U.S. tech earnings reports for clues on the sector’s direction, monitor the final pricing and allocation outcomes of the Jio IPO, and watch oil price trends for any impact on broader market risk appetite.
Excerpt from CNBC-TV18
Published On Oct 22, 2026 | 07:08 IST Last Updated On Oct 22, 2026 | 07:08 IST Asian markets opened mixed as a fading US tech rally pulled futures lower. South Korea's Kospi and Japan's Nikkei fell, while Taiwan rose. Wall Street saw strong earnings from Meta, Tesla, and IBM, though investor reactions were mixed. Oil…Read the original at CNBC-TV18
Key takeaways
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
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