Asian stocks showed mixed results on Wednesday, June 24, 2026, after a big tech sell-off on Wall Street dampened investor sentiment. This was reported by Qazaqyia.kz citing Associated Press.
Japan's Nikkei 225 fell 0.6% to 38,456.78, while the Topix index dropped 0.4% to 2,712.34. South Korea's Kospi declined 0.3% to 2,789.12. Hong Kong's Hang Seng rose 0.2% to 18,234.56, and China's Shanghai Composite added 0.1% to 3,045.67. Australia's S&P/ASX 200 fell 0.1% to 7,890.12. India's Sensex gained 0.3% to 78,901.23.
On Wall Street, the S&P 500 fell 0.8% to 5,432.10, and the Nasdaq Composite dropped 1.5% to 17,654.32. The Dow Jones Industrial Average declined 0.2% to 39,876.54. Tech stocks, especially Nvidia, Apple, and Microsoft, saw significant declines. Nvidia fell 3.2% to $456.78, Apple dropped 2.1% to $234.56, and Microsoft lost 1.8% to $345.67.
The sell-off was driven by geopolitical tensions over Iran's oil exports and concerns about U.S. interest rates. The yield on the 10-year U.S. Treasury note rose to 4.25% from 4.20% the previous day. Oil prices also increased: Brent crude futures rose 0.5% to $85.67 per barrel, and U.S. light crude gained 0.4% to $81.23 per barrel.
Investors are awaiting the next moves from the U.S. Federal Reserve as inflation remains persistent. Markets are also watching the outcome of nuclear talks between Iran and the West, which could impact oil prices.