Business · Markets · 1 hr ago
Asian Markets Fall as Investors Weigh Technology Stocks and US Data
Asian stock markets fell at the start of the week on Monday, November 2, 2026.
Japan's Nikkei 225 and Topix, South Korea's Kospi and Kosdaq, and Australia's S&P/ASX 200 all declined.
The drop followed a losing week on Wall Street, where the Nasdaq fell 2% as technology shares came under pressure.
Investors questioned whether companies developing artificial intelligence will keep spending enough on infrastructure, after Alphabet and Microsoft forecast lower capital spending than markets expected.
Amazon kept its annual spending outlook unchanged, but concerns about AI investment weighed on technology stocks.
Investors are also watching company earnings, US jobs data and the US midterm elections.
The Nasdaq had its steepest monthly fall since March 2025 in October, while the Dow rose nearly 2% as money shifted towards defensive sectors such as health care.
Asian stock markets fell at the start of trading on Monday, November 2, as investors assessed pressure on global technology shares and upcoming US developments.
Japan’s Nikkei 225 fell 0.54% and South Korea’s Kospi dropped 1.39%.
Investors were also watching company earnings, US employment data and the US midterm elections.
Technology shares had come under pressure amid concerns about spending on artificial intelligence infrastructure.
The declines followed a week in which all three major US stock indexes fell.
- Who
- Investors and stock markets in Asia.
- What
- Asian markets fell as investors weighed technology stocks, company earnings and US developments.
- When
- Monday, November 2, 2026, at the start of trading.
- Where
- Asian markets, including Japan, South Korea and Australia.
- Why
- Investors were assessing pressure on global technology stocks, company earnings, US employment data and the US midterm elections.
This story does not have two clearly opposing sides.
The Nasdaq recorded its steepest monthly decline since March 2025, while the Dow rose nearly 2%.
The S&P 500 and Dow each fell by less than 1%, and the Nasdaq Composite fell 2%.
Asian markets opened lower as investors assessed technology shares and US developments.
- Nikkei 225
- Fell 0.54%
- Topix
- Fell 0.74%
- Kospi
- Fell 1.39%
- Kosdaq
- Fell 0.81%
- S&P/ASX 200
- Fell 0.24%