Singapore, 2 July 2026 – Asian stocks looked set to decline as investors weighed renewed caution over the artificial intelligence trade against comments from Federal Reserve Chair Kevin Warsh that kept attention on inflation and interest-rate expectations.
The expected pullback follows a softer global market tone at the start of the new quarter, with technology shares coming under pressure as traders reassessed whether the AI-led rally has moved too far, too fast. After months of strong gains in chipmakers, data-centre suppliers and semiconductor-linked markets, investors are becoming more selective about valuations, earnings visibility and the sustainability of capital expenditure.
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