Asian stocks fall as tech jitters and Iran sanctions weigh on Nvidia outlook

au.investing.com

Asian stocks mostly fell Tuesday as tech share pressure and geopolitical uncertainty prompted investors to trim risk ahead of Nvidia's earnings and a key U.S. inflation report. The MSCI AC Asia Pacific gauge dropped about 0.5%, while U.S. futures steadied. Nvidia is expected to post quarterly revenue near $92 billion, testing whether the AI-driven rally can meet high expectations. The Trump administration threatened broader sanctions on Iran, though oil pulled back to around $92 a barrel. South Korea's KOSPI fell 1.3%, while Japan's Nikkei rose 0.2%. Australia's S&P/ASX 200 gained 0.6% on strong earnings, while China and Hong Kong retreated. Texas Governor Greg Abbott paused new data-center grid approvals over electricity concerns. Markets await the Fed's preferred PCE inflation gauge Wednesday, with traders pricing one rate hike by end-2026.


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