Tech selloff clouds Asia's open as stocks trade mixed — SkimNews
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- Asian stocks traded mixed as the tech sector struggled to rebound from a selloff, with the Nasdaq decline described as clouding Asia's open.
- Oil prices diverged in the headlines: AP described a rebound, while Bloomberg's markets wrap reported a fall tied to Iran.
Why it matters: For Apple and Nasdaq-linked Asian equities, the session was already uneven: one outlet reported mixed trading and another reported declines. Two outlets also gave opposite oil accounts, while the RBA's rate increase introduced a separate policy move, making the market backdrop notably split rather than uniformly directional.
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