Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by weakness in technology stocks amid concerns around growth expectations in the AI segment. The ongoing stalemate in the Middle East conflict between the U.S. and Iran is weighing on market segment. Asian markets closed mostly lower on Tuesday.
Elevated crude oil prices fueled concerns about global inflation and the outlook for interest rates.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.