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Asian Stocks Fall on US Tech Jitters, Yuan Weakens: Markets Wrap

Bloomberg Markets·November 2, 2026·1 min read

Asian stocks fell on Tuesday after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices amid optimism over diplomatic progress toward ending the war in Iran. The yuan weakened against the dollar as risk sentiment soured. Investors weighed tech valuations against geopolitical hopes, with markets looking to US earnings for direction.

Read at Bloomberg Markets
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