[MARKET UPDATE] Asia-Pac stocks are mostly lower following the continued tech rout on Wall St, where semiconductor names were hit, while recent focus was also on geopolitics after US/Iran talks were reported to be off, and then on again

Asia-Pac stocks are mostly lower following the continued tech rout on Wall St, where semiconductor names were hit, while recent focus was also on geopolitics after US/Iran talks were reported to be off, and then on again.

The Asia-Pacific stock markets are reacting to the continued sell-off in the tech sector on Wall Street, particularly affecting semiconductor stocks. Additionally, the ongoing uncertainty surrounding US-Iran negotiations adds a layer of geopolitical concern that may weigh on investor sentiment, indicating a cautious outlook in the region and potential further pressure on risk assets.