Asian Markets Slip, Tech Stocks Lose Momentum
Update: 2025-11-11
Description
Asian stock markets experienced a slight downturn on November eleventh, following a surge in tech stocks and the U.S. government shutdown news. The Nikkei two two five index in Tokyo dropped by 0.5%, while the Hang Seng and Shanghai Composite indices in China fell by 0.2% and 0.4%, respectively. The Kospi index in South Korea initially rose but finished the day up by 0.4%. The U.S. dollar strengthened against the Japanese yen, and investors continue to debate tech stock valuations and the broader economic outlook.
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