Asian Shares, Nasdaq Futures Fall After Tech Slide: Markets Wrap
Published on: Aug. 20, 2025, 7:13 a.m. | Source: NDTV Profit
Asian equities fell at the open, mirroring Wall Street’s retreat after a sharp selloff in heavyweight technology shares. Stocks opened lower in Japan, Australia and South Korea while MSCI’s Asia Pacific Index fell 0.3%. Contracts for the Nasdaq 100 index slipped 0.2% after a 1.4% drop Tuesday, the second-worst decline since April’s tariff shock. The slide was driven by a 3.5% slump in Nvidia Corp. as stock rotation hit megacap tech companies.
