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Asia Stocks to Track US Slide on Chipmaker Selloff: Markets Wrap

Bloomberg Markets Thursday 16 July 2026, 22:05 UTC By Stephen Kirkland 1 min read
Key Points

Asia Stocks to Track US Slide on Chipmaker Selloff: Markets Wrap Stocks in Asia look set to open lower Friday after a selloff in chipmakers hit Wall Street amid concerns over whether massive artificial-intelligence investments will justify lofty valuations. Equity-index futures point to declines in benchmarks in Japan and Hong Kong. Contracts on the S&P 500 were little changed in early trading in Asia after the benchmark fell for the first time in three days.

Asia Stocks to Track US Slide on Chipmaker Selloff: Markets Wrap Stocks in Asia look set to open lower Friday after a selloff in chipmakers hit Wall Street amid concerns over whether massive artificial-intelligence investments will justify lofty valuations. Equity-index futures point to declines in benchmarks in Japan and Hong Kong. Contracts on the S&P 500 were little changed in early trading in Asia after the benchmark fell for the first time in three days. Streaming giant Netflix Inc. slid post-market after predicting a second straight quarter of slowing sales growth.
Track US Slide (ORG) Asia (LOCATION) Japan (LOCATION) Hong Kong (LOCATION) Netflix Inc. (ORG)
Originally published by Bloomberg Markets Read original →

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