{
  "id": 15528683,
  "title": "Asian stocks skid, Wall Street and bonds aided by oil slip",
  "url": "https://urgent.news/2026/10/19/asian-stocks-skid-wall-street-and-bonds-aided-by-oil-slip-15528683",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T00:38:17.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/asian-stocks-skid-wall-street-and-bonds-aided-oil-slip-6470601"
  },
  "original_language": "en",
  "account": "Asian markets experienced a decline on Monday due to concerns over the enormous funding requirements of artificial intelligence (AI), as well as political unrest in France. A drop in oil prices provided some relief to bonds and Wall Street stock futures, tempering the extent of the losses. Oil prices fell after US President Donald Trump waived some sanctions on Russia, although he later indicated a final decision on the matter had not been made. US Secretary of State Marco Rubio stated that the president would take up to 60 days to assess the economic impact of the sanctions waiver. Brent futures saw a decline of 1.6 percent to $108.06 a barrel, while US crude futures dropped 0.7 percent to $100.70 a barrel. In the wake of the AI funding worries and geopolitical tensions, sovereign bond yields fell by 3 basis points, with 10-year Treasury yields at 5.0645 percent, marking their largest weekly decline in over eight months. S&P 500 futures rose by 0.5 percent, while Nasdaq futures increased by 0.8 percent. Japan's Nikkei fell 2.0 percent after losing 5.4 percent the previous week, with the tech sector taking a heavy hit. South Korea dropped 1.6 percent, having shed more than 14 percent last week. MSCI's Asia-Pacific index, excluding Japan, fell 0.3 percent. Concerns about the viability and profitability of AI investments, as well as higher corporate credit spreads and government bond yields, are raising financing costs, making it more difficult to finance, refinance, and maintain AI infrastructure development. The PHLX Semiconductor Index lost 11.4 percent last week, marking its longest losing streak since 2008. Investors anticipate that Meta, as well as semiconductor firms Lam Research and Texas Instruments, and Elon Musk-led companies SpaceX and Tesla will report earnings on Wednesday. Meta, one of five AI hyperscalers, is expected to increase its capital spending to approximately $1.2 trillion next year, according to Goldman Sachs. European stocks were negatively impacted by political uncertainty in France, with EUROSTOXX 50 futures falling by 0.4 percent, while DAX futures dropped by 0.3 percent and FTSE futures remained unchanged. The euro weakened by 0.2 percent to $1.1212, nearing a 16-month low of $1.1113. Meanwhile, gold saw a 0.4 percent increase to $4,181 an ounce, buoyed by falling yields and the threat of Japanese intervention.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Asian stocks skid, Wall Street and bonds aided by oil slip",
        "url": "https://urgent.news/2026/10/19/asian-stocks-skid-wall-street-and-bonds-aided-by-oil-slip-15530216",
        "published": "2026-10-19T00:38:17.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian stocks skid, Wall Street and bonds aided by oil slip",
        "url": "https://urgent.news/2026/10/19/asian-stocks-skid-wall-street-and-bonds-aided-by-oil-slip",
        "published": "2026-10-19T00:42:25.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Asian stocks skid, Wall Street and bonds aided by oil slip",
        "url": "https://urgent.news/2026/10/19/asian-stocks-skid-wall-street-and-bonds-aided-by-oil-slip-15529876",
        "published": "2026-10-19T00:45:44.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Asian stocks skid, Wall Street and bonds aided by oil slip",
        "url": "https://urgent.news/2026/10/19/asian-stocks-skid-wall-street-and-bonds-aided-by-oil-slip-15537264",
        "published": "2026-10-19T01:37:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}