Asian stocks fell on Thursday as a selloff led by technology shares unfolded, with investors worried about soaring AI spending, while escalating Gulf tensions lifted oil prices. MSCI's broadest Asia-Pacific index excluding Japan dropped 1.8% to its lowest in nearly three months and was on track for a fourth straight weekly decline, with Japan's Nikkei down about 2%, Korean shares down more than 4% and the Hang Seng Index down more than 3%. Tokyo Electron fell more than 6%, SK Hynix 5.7%, Samsung 4.2% and Alibaba 6.5%. Brent crude rose more than 2% to $111.03 a barrel, near a five-month high, after new Houthi attacks in Saudi Arabia, while the US 10-year Treasury yield fell to 5.0857%. Gold eased to $4,067.5 an ounce and bitcoin fell 2.2% to $82,771.05.
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/21/2026 | 4,141.17 |
| Change that session | +0.39% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.21 |
| Change that session | +1.06% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
VNINDEX
▼ Likely negativeRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/22/2026 | 1,760.63 |
| Change that session | +1.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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