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[MARKET UPDATE] Mostly lower start to Asia-Pac trade following the negative handover from Wall St, where stocks were pressured as oil prices and yields continued to climb, amid a slew of conflicting geopolitical headlines

StockNow breaking-news AI analysis

Asia-Pacific markets opened mostly lower following Wall Street declines driven by climbing oil prices, rising yields, and conflicting geopolitical headlines.

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U.S. Markets

Anthropic reported FY25 (USD) net loss  41.97 bln (prev. loss 8.3 bln Y/Y), revenue of 4.59 bln (prev.  386mln Y/Y), guides FY27 cloud and infrastructure spending at USD  518 bln

Geopolitics

US President Trump posts "Axios just released a story that “Trump” offered Sanctions Relief and Frozen Funds to Iran. This is untrue. I offered them NOTHING! Axios’ story, like most others, is a HOAX"

Geopolitics

Iran's Foreign Minister Araghchi says Tehran discussed proposals with Qatari mediators to present to the US, and response is to be relayed to Tehran through Qatari mediators, adds conditions set by Supreme Leader must be met to reopen Strait of Hormuz