Asian shares were mostly higher on Monday, though technology stocks stayed volatile after Wall Street's worst day since June, when the Nasdaq fell 2.9% on Friday as investors dumped technology and AI-related stocks. Japan's Nikkei 225 slipped 0.1% to 63,218.02 as Kioxia Holdings fell about 14% after its earnings forecasts disappointed some analysts, while South Korea's Kospi rose 2.3% to 5,859.83 and SK Hynix gained 4.2%. Hong Kong's Hang Seng gained 0.6% to 23,437.41 and the Shanghai Composite rose 1.2%, while Australia's S&P/ASX 200 lost 0.6% to 8,851.40. Oil fell more than 3%, with Brent down 3.3% to $109.66 a barrel and U.S. crude down 3.3% to $100.64, after Iran's top diplomat said negotiators in Qatar were discussing a proposal that could reopen the Strait of Hormuz within two days if the U.S. meets several conditions. Investors are also awaiting the outcome of Tuesday's U.S. midterm elections.
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Asiaoil pricesNasdaqStrait of Hormuzmidterm elections
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| 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
• NeutralInvesco 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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