{
  "id": 15529876,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T00:45:44.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/19/asian-stocks-skid-wall-street-and-bonds-aided-by-oil-slip"
  },
  "original_language": "en",
  "account": "Asian markets experienced a decline on Monday due to concerns surrounding artificial intelligence's significant funding requirements, which dampened market confidence ahead of a week filled with earnings reports. The euro also weakened following riots in France. A drop in oil prices provided some relief to bonds and Wall Street stock futures, mitigating the extent of Asia's losses. Oil prices fell after US President Donald Trump waived some sanctions on Russia, but he later stated that a final decision had not been made. US Secretary of State Marco Rubio mentioned that the president would take up to 60 days to evaluate the economic consequences of the sanctions waiver. Brent futures dropped 1.6% to $108.06 a barrel, while US crude futures declined 0.7% to $100.70 a barrel. Meanwhile, Iran reported another tanker collision with a mine in the Strait of Hormuz. Geopolitical tensions alongside safe-haven flows from equities fueled a rally in sovereign bonds, with 10-year Treasury yields decreasing by 3 basis points to 5.0645%, marking their largest weekly decline in over eight months. Despite these developments, S&P 500 futures increased by 0.5%, and Nasdaq futures rose by 0.8%. Asian markets faced challenges stemming from tech sector concerns; Japan's Nikkei fell 2.0% after a 5.4% decline the previous week, with the technology sector suffering substantial losses. South Korea also dropped 1.6%, having lost more than 14% in the preceding week. MSCI's broadest Asia-Pacific index outside Japan slipped 0.3%. Analyst My Bui from fund manager AMP noted that investors have long been concerned that artificial intelligence revenues may not be sufficient to offset the substantial upfront investments, and AI infrastructure might need to be written down as it ages and depreciates, leading to a significant decrease in book value. Rising government bond yields and broader corporate credit spreads are elevating financing costs, making it more challenging to borrow, refinance, and sustain the expansion of AI infrastructure. Investors are eagerly awaiting earnings reports from tech giants such as Meta, semiconductor firms like Lam Research and Texas Instruments, and companies led by Elon Musk, including SpaceX and Tesla. Meta, along with five other AI hyperscalers, is projected to boost its capital spending to approximately $1.2 trillion next year, according to Goldman Sachs. Other companies slated to report earnings include Netflix, Procter & Gamble, General Motors, and GE Aerospace. Overall, earnings are expected to grow by 30% due to the substantial profits generated by technology firms. European stocks suffered from political instability in France, with EUROSTOXX 50 futures declining 0.4%, the DAX futures losing 0.3%, and FTSE futures remaining unchanged. These concerns contributed to the euro's depreciation by 0.2% to $1.1212, nearing the 16-month low of $1.1113. The dollar slipped by 0.1% against the yen to 157.75 and has remained within a narrow range throughout the month as the possibility of Japanese intervention has deterred speculative sellers. In commodity markets, non-interest-bearing gold benefited from falling yields, surging 0.4% to $4,181 an ounce.",
  "summary": "AI funding concerns undermined confidence ahead of a packed earnings week, while falling oil prices offered support to bonds and stock futures.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "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",
        "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-15532506",
        "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"
      },
      {
        "outlet": "Business Recorder",
        "title": "Asian stocks slip, Wall St and bonds benefit from oil skid",
        "url": "https://urgent.news/2026/10/19/asian-stocks-slip-wall-st-and-bonds-benefit-from-oil-skid",
        "published": "2026-10-19T02:48:26.000Z"
      }
    ]
  },
  "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."
}