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Asian Markets Dip as Nasdaq Slides, Yet Weekly Gains Loom

Investing.com •
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Asian stocks slipped on Friday, mirroring a late‑night drop in the U.S. tech‑heavy Nasdaq as investors re‑evaluated lofty AI‑linked valuations. The slide dented risk appetite across semiconductor and growth names, even though the region remained on track for strong weekly gains.

South Korea’s KOSPI edged up 0.5% to a fresh record of 5,558.82 points, setting the benchmark on course for a nearly 9% weekly jump. Heavyweight chipmaker SK Hynix is projected to rise almost 6% over the week, underscoring the sector’s resilience amid global tech