Asian Stocks Set for Losses as Tech Concerns Mount: Markets Wrap
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Hong Kong Stock Exchange in Hong Kong, China.Asian markets are poised for a weak open as mounting concerns over the earnings outlook for technology companies saps risk sentiment. Equity futures point to losses for Australian, Hong Kong and Japanese benchmarks in early trading after US stocks slumped Friday. A disappointing sales outlook from Broadcom Inc. fueled investor anxiety over the AI trade, causing the S&P 500 to drop 1%.