Asian Markets Mixed as Tech Rally Fades, Oil Drops
Asian equity markets traded mixed as the recent tech recovery lost steam and falling oil prices added to uncertainty.
Asian markets were mixed on Monday as the recovery in technology stocks lost momentum. The broader market sentiment was also weighed down by declining crude oil prices, which added to uncertainty among investors.
The tech sector, which had been leading a brief rebound, showed signs of fatigue. Meanwhile, lower oil prices created headwinds for energy-related shares and raised questions about global demand.
Source: First Squawk