For the week, the Stoxx 50 is down 2.3% and the Stoxx 600 has dropped
1.9%, putting them on track for their worst week since April, in line
with declines seen in Asia and the US
London (UKX) -0.55% to 9,474.00. UK retail sales volumes
fell 1.1% month-on-month in October 2025, defying expectations for flat
reading and following an upwardly revised 0.7% increase in September.
UK public sector net borrowing (excluding public sector banks) narrowed to £17.4 billion in October 2025 from £19.3 billion a year earlier, but above market expectations of £15.2 billion.
Germany (DAX:IND) -0.94% to 23,091.63. Flash PMI figures showed that Germany’s manufacturing sector remained weak, while growth in services also slowed.
France (CAC:IND) -0.46% to 7,945.55. France’s HCOB Flash Manufacturing PMI slipped to 47.8 in November 2025 from 48.8 in October, marking a nine-month low.
France’s
manufacturing business climate indicator fell to 98 in November 2025
from 101 in October, moving below expectations and its long-term average
of 100.
The pan-European Stoxx 600 (STOXX)
ended 0.75% lower at 559.72. In premarket trading, Euro Stoxx 50 and
Stoxx 600 futures were both down more than 1%, snapping a two-day
winning streak as worries over the AI and technology sectors resurfaced.
For the week, the Stoxx 50 is down 2.3% and the Stoxx 600 has dropped
1.9%, putting them on track for their worst week since April, in line
with declines seen in Asia and the US
Asian Markets Slip As Tech Valuations And Rate Worries Weigh
Stocks
across Asia ended the week lower, tracking Wall Street losses as
concerns over pricey tech and AI shares plus mixed US jobs data dampened
hopes for rate cuts.
What’s going on here?
Asian
stocks took a nosedive this week, mirroring Wall Street’s jitters as
pricey tech and AI shares, along with mixed US jobs data, shook
confidence in the timing of potential US rate cuts.
What does this mean?
Markets
across Asia were rattled by both global and local pressures. China’s
Shanghai Composite slid almost 2.5%—its sharpest weekly fall since
October—while the tech-heavy Shenzhen index dropped over 3.4%. Analysts
from Morgan Stanley pointed to weak sentiment and disappointing domestic
figures as culprits. In Japan, the Nikkei 225 pulled back 2.4% as
traders weighed lackluster US jobs data and growing uncertainty over
when the Federal Reserve might start easing rates. Even a hefty 21.3
trillion yen stimulus from Tokyo, aimed at inflation
and key industries like AI and semiconductors, couldn’t reverse the
tide. Singapore and South Korea felt the pain too, with investors
everywhere getting wary as bets on cheaper money faded and lofty tech
valuations looked increasingly vulnerable.
Why should I care?
For markets: Tech valuations hit turbulence.
Sky-high
prices for tech and AI leaders are starting to see real pushback as
growth slows and profits get squeezed, spotlighting firms like
Contemporary Amperex Technology and Miniso. The Kospi’s 3.8% weekly drop
and sharp falls in shares like Pinkfong Company highlight just how
quickly investors can pull back from hype-driven sectors. With global
central banks likely to stay cautious and fresh economic headwinds from
tariffs and softening demand, tech stocks may face a choppier path for
some time.
The bigger picture: Asia braces for prolonged headwinds.
Japan’s
major spending push is just one sign that Asian governments are gearing
up for a tougher environment, driven by cooling global demand and new
trade barriers. Singapore’s latest outlook projects slower growth into
2026 as US tariffs and other challenges take hold. For both investors
and policymakers, the takeaway is clear: reining in inflation won’t
solve deeper, structural pressures that could keep economies in a lower
gear for longer than anyone hoped.
| Symbol | Last Price | % Chg |
|---|
| NVDA | 180.64 | -3.15% |
| NVIDIA Corporation | Pre. 176.95 | -2.04% |
| ONDS | 6.27 | -16.40% |
| Ondas Holdings Inc. | Pre. 6.22 | -0.88% |
| TSLA | 395.23 | -2.17% |
| Tesla, Inc. | Pre. 395.82 | 0.15% |
| OPEN | 6.16 | -7.92% |
| Opendoor Technologies Inc. | Pre. 5.93 | -3.73% |
| PLUG | 1.89 | -0.53% |
| Plug Power Inc. | Pre. 1.85 | -2.12% |
| Symbol | Last Price | % Chg |
|---|
| MSTR | 177.13 | -5.02% |
| Strategy Inc | Pre. 169.30 | -4.42% |
| RIOT | 12.78 | -4.27% |
| Riot Platforms, Inc. | Pre. 12.17 | -4.77% |
| SOL | 1.81 | -1.09% |
| Emeren Group Ltd | Pre. 1.81 | 0.00% |
| SBET | 9.30 | -5.78% |
| SharpLink Gaming, Inc. | Pre. 8.94 | -3.87% |
| HIVE | 2.92 | -5.19% |
| HIVE Digital Technologies Ltd. | Pre. 2.82 | -3.42% |
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