Most Asian stocks rose on Monday, led by technology shares, as easing oil prices supported risk appetite while investors awaited Apple's quarterly results amid concerns over heavy AI infrastructure spending. South Korea's KOSPI jumped 2.6%, with SK Hynix up 4% and Samsung Electronics up 1.5%, while Japan's Nikkei 225 pared early losses to gain 0.4%. Intel's nearly 29% plunge on Friday after a disappointing profit outlook had raised concerns about semiconductor and other AI-related earnings. Brent crude fell 2% to $111.15 a barrel and U.S. crude dropped 2.3% to $101.73 as diplomatic efforts to end the U.S.-Israeli war on Iran continued. Australia's S&P/ASX 200 bucked the trend with a 0.5% fall ahead of a Reserve Bank of Australia decision on Tuesday, where a 25 basis point hike to 4.85% is widely expected, its fifth increase this year, after inflation accelerated to 4.3% in September.
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Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/30/2026 | 344.79 |
| Change that session | -1.18% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 690.49 |
| Change that session | -3.47% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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