Wall Street Cues Damp Asia Stock Markets

fidelity
2026.02.13 10:47
portai
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Asian stock markets declined on Friday, following Wall Street's sell-offs due to concerns over AI disrupting business models. The Nikkei 225 fell 1.2%, influenced by profit-taking and hawkish comments from a Bank of Japan board member. The Hang Seng Index dropped 1.7%, with tech and property stocks underperforming. The Shanghai Composite decreased by 1.3%, amid falling new home prices in China. Other regional markets also saw declines, with the MSCI All Country Asia Pacific Index down 1.4%.