Stock Selloff Extends on Tech, Oil Rises on Iran

About this episode

The episode discusses the ongoing stock selloff in technology shares, rising oil prices due to Middle East tensions, and insights from financial experts.

Business and finance news from the Asia-Pacific. Stocks extended losses as a selloff in technology shares gathered pace and a robust US jobs data boosted bets on Federal Reserve interest-rate hikes. Oil rose and Treasuries fell as tensions flared in the Middle East. For more on the markets, we spoke to Lianting Tu, Bloomberg's Managing Editor for Asia Equities. Plus - South Korean stocks plunged as investors pulled back from artificial intelligence bets that have fueled the bull market in global equities. Bloomberg's Yvonne Man and Stephen Engle spoke to Sean Taylor, Chief Investment Officer and Portfolio Manager at Matthews Asia.  See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Yvonne Man, Stephen Engle

Guests: Lianting Tu, Sean Taylor

Topics covered

• stock market
• technology shares
• oil prices
• US jobs data
• Federal Reserve
• artificial intelligence
• Asia-Pacific

Keywords

• stock selloff
• technology shares
• oil prices
• US jobs data
• Federal Reserve
• South Korea
• artificial intelligence

Mentioned in this episode

Organizations: Bloomberg, Matthews Asia

Places: South Korea, Middle East

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