23 Oct 2025 | 5 Mins Read
Asian stocks drop after volatile US market close
Flipitmoney
Asian stocks opened lower, with Japan and South Korea's equity benchmarks falling over 1%, following US losses. The Nasdaq 100 lost 1% due to a tepid outlook from Texas Instruments and Netflix's 10% slump. Oil prices jumped 3% after US sanctions on Russia's biggest producers. US earnings expectations were met or beaten by a record number of companies.