Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, with tech-heavy markets of South Korea and Japan leading the losses in the region on tumbling artificial intelligence-related stocks amid concerns about an AI bubble burst. Asian markets ended mostly higher on Thursday.
Negative sentiment may also have been generated in reaction to a report from global outplacement firm Challenger, Gray & Christmas showing a sharp increase in layoff announcements in the month of October.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.