Saturday, July 25, 2026

Japan's Nikkei 225, the benchmark of 225 large-cap Tokyo stocks, tumbled 2.7% to close at 64,611, shedding 1,811 points. The trigger came from overnight Wall Street: Alphabet's soft results revived doubts about whether the AI spending boom is sustainable, gutting chip-equipment makers and dragging SoftBank Group down around 7%. It still eked out its first weekly gain in three. (via Investing.com)

Korea's KOSPI, Seoul's main index, had the ugliest session of any major market, plunging 5.72% (406.27 points) to 6,690.62 and tripping a sell-side sidecar, a five-minute pause on program trades. Foreign and institutional investors dumped shares amid the global chip rout and Gulf tensions, leaving the index roughly 30% below its June peak. (via Investing.com)

China's Shanghai Composite, the main gauge of Shanghai-listed shares, fell about 1.6% to near 3,814, while the blue-chip CSI 300 dropped 1.3%. Higher oil prices stoked inflation fears, and fresh US tariffs of 10% to 12.5% on 60 trading partners hit exporters, outweighing Beijing's market-support efforts and a central-bank liquidity injection. (via Investing.com)

Hong Kong's Hang Seng Index slipped about 1% (248 points) to 24,963, with its tech sub-index off 1.5%. The Gulf conflict pushed Brent crude back above $100 a barrel, and a Wall Street tech selloff plus elevated US yields did the rest, pulling Tencent and other heavyweights lower even as the People's Bank of China pumped in liquidity. (via Investing.com)

Europe's STOXX 600, a 600-company gauge spanning 17 countries, rose about 0.6% to 644, rebounding from its steepest one-day loss in two weeks. SAP anchored the gains, jumping roughly 6% after its cloud backlog beat estimates and lifted the tech sector. Investors also weighed whether pricier oil would keep central banks cautious. (via Bloomberg)

Britain's FTSE 100, the index of London's 100 largest listed companies, climbed 0.9% (97 points) to 10,736.23. A pullback in oil eased the inflation worries that had rattled a volatile week, and strong results from data group RELX lifted software names. UK private-sector activity also returned to growth in July. (via Bloomberg)

Germany's DAX 40 outpaced the region, rising about 1.3% to 25,099, powered by SAP's post-earnings surge given the software giant's heavyweight status in the index. France's CAC 40 added 0.9% to 8,372. Both drew support from the broader tech rebound and a retreat in crude that soothed rate-hike fears. (via Investing.com)

Wall Street's S&P 500 closed all but flat, up 0.05% to 7,411.98, capping a losing week. Intel sank nearly 8% despite beating earnings, as fears over ballooning AI spending kept the pressure on tech, and the Magnificent Seven shed roughly $800 billion in value over five days. Oil's 4% drop below $96 offered some relief. (via Yahoo Finance)

The tech-heavy Nasdaq Composite bore the brunt, slipping 0.64% to 24,975.82 and dropping about 2% on the week, its clearest sign the AI-spending scare has legs. Semiconductor and megacap tech shares led the decline after Alphabet's results and Intel's guidance rekindled doubts about when heavy capital spending will pay off. (via Yahoo Finance)

The Dow Jones Industrial Average, 30 blue-chip US names, bucked the tech gloom to rise 0.46% (236 points) to 51,947.25 as investors rotated toward steadier value stocks. The split with the Nasdaq captured the day's mood: money leaving high-flying chipmakers found a home in defensives. (via Yahoo Finance)