Asian markets staged a modest rebound today, with Tokyo and Seoul climbing while Hong Kong and Shanghai held steady—Australia and Taiwan gained. The U.S. market ended mixed, dragged down by tech stocks, as investor nerves linger over whether AI hype has inflated valuations. Nvidia, the AI chip giant, took a hit after a strong run. Oil prices dipped following new U.S. sanctions on Iran, with Brent near $90 and U.S. crude around $84. Treasury yields eased slightly, offering temporary relief to stocks but not solving deeper concerns about debt and geopolitical risks. The week ahead is packed: Friday’s Jackson Hole speech from Fed Chair and tomorrow’s Nvidia earnings could send shockwaves through AI stocks.
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