Asian stocks set to fall as AI selloff deepens; oil declines

· Finance

Asian stocks were set for declines, tracking Friday's sharp Wall Street selloff as a rout in technology shares deepened concerns that the AI rally may have gone too far, Bloomberg reported. Oil also fell. Market positioning has shifted over the past month: traders expect oil to keep rising, while Treasury yields have declined, a signal that investors may be more worried about an AI crash than about inflation. MarketWatch separately flagged that the earnings growth powering the AI bull market could stall in 2027.

Why it matters：The AI trade has become the main driver of global equity gains, so a sustained unwind would hit tech-heavy indexes and test whether earnings can justify current valuations.

Key points

  • Asian stocks tracked Friday's sharp Wall Street selloff.
  • Oil prices also declined.
  • Treasury yields have fallen while traders expect oil to keep rising.

Sources (original reporting)

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