Asian stocks retreated on Thursday as investors pulled back from technology and semiconductor shares following a weak forecast from U.S. chipmaker Broadcom.
Also, ongoing tensions between Washington and Tehran kept oil prices elevated, raising concerns about inflation and interest rates.
The dollar consolidated recent gains to hover near a two-month high, driven by escalating Middle East tensions after attacks on Kuwait damaged its airport and injured dozens.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.