Asian equities largely decline on tech rotation; yen remains pinned near critical 160 mark
Source: SeekingAlpha
2026-06-05 01:57:50 ET
Asian equities largely declined on Friday as investors booked profits in the technology sector to rotate into cyclical, economically sensitive sectors. This rotation fueled steep losses in Japan and South Korea, where high-flying semiconductor and artificial intelligence stocks extended their recent pullback. Also, r enewed tensions in the Middle East continued to weigh on sentiment. ...
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Asian equities largely decline on tech rotation; yen remains pinned near critical 160 mark
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