Asian stocks today: Markets retreat as Iran war worries, inflation fears weigh on markets

May 15, 2026 - 13:30
Asian stocks today: Markets retreat as Iran war worries, inflation fears weigh on markets

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Asian markets saw a downturn Friday, with investor enthusiasm for AI stocks waning due to inflation worries, high oil prices, and Middle East tensions. Despite this, Wall Street reached new peaks overnight, buoyed by tech gains and strong corporate earnings. Investors are closely watching US-China trade talks for any significant breakthroughs.

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