Asian stocks fell broadly on Friday, with South Korea and Japan leading losses due to heavy selling in major technology stocks.
An AI-driven rally that boosted stocks earlier this week fizzled out after chip giant Broadcom's AI revenue projection fell short of expectations.
Lingering uncertainty over U.S.-Iran peace negotiations also kept regional markets under pressure.
Hezbollah rejected the latest ceasefire agreement between Israel and the Lebanese government, saying the "imaginary ceasefire" would amount to "a surrender, defeat and achieving the enemy's goals."
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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.