US Tech Selloff Eases Amid Earnings Optimism

Asian markets were under pressure on August 24, 2026, after a selloff in US tech shares. However, as trading progressed, sentiment improved, and European shares were set to gain at the open.

The Nasdaq 100 futures rose by 0.4% after falling almost 1% on Monday due to a decline in chip stocks. This tentative optimism may be a result of upcoming earnings this week that will test confidence in the artificial intelligence trade.

Bitcoin advanced, but no specific details about its price movement were provided. The MSCI's Asia Pacific share benchmark erased losses of as much as 0.7% to be little changed.