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Asian markets edge lower as Wall Street tech slump weighs on sentiment

Asian shares slipped in early trading, following losses in US tech stocks, while gold and silver stabilised and oil prices held onto gains amid renewed geopolitical uncertainty.

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Stockbroker in Front of a Screen Showing Market Prices in a Stock Exchange
Stockbroker in Front of a Screen Showing Market Prices in a Stock Exchange. Picture: Alamy

By Camille Bidard

Asian shares slipped in trading, tracking a downturn in Wall Street’s technology sector.

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The move came as US tech stocks declined, weighing on sentiment across regional markets.

In commodities, silver and gold steadied after pulling back sharply from recent record highs.

Both metals showed limited movement following the earlier declines.

Oil prices held on to most of their overnight gains.

The rise followed setbacks for US efforts to broker a peace deal between Ukraine and Russia.