Tech earnings power US markets | Oil prices range bound | Bharti Airtel, Kalyan Jeweller Earnings Today
Asian markets traded mixed on Tuesday as investors balanced Wall Street’s tech-driven rally against persistent concerns over the AI sector and semiconductor stocks. Japan’s Nikkei, China’s Shanghai Composite and South Korea’s KOSPI declined, while Hong Kong’s Hang Seng and Australia’s ASX 200 posted modest gains. Wall Street ended higher overnight, with the Dow Jones closing at a record high after optimism over potential U.S.-Iran talks eased geopolitical tensions and pushed oil prices lower. GIFT Nifty traded flat to slightly negative, indicating a cautious start for Indian equities. Brent crude recovered around 0.7% after a sharp 7% decline in the previous session, while the Indian rupee strengthened marginally to close at 95.34 against the U.S. dollar.
