Tech Stocks’ Rebound Stalls, Dollar Edges Higher: Markets Wrap

A rebound for Asian technology stocks stalled as investors turned cautious about the durability of the AI-driven rally. The dollar rose against most of its major peers.

A gauge of Asian [chipmakers](https://www.bloomberg.com/quote/APACSEM:Ind) slipped 1%, with [SK Hynix Inc.](https://www.bloomberg.com/quote/000660:KP) dropping 3.8% ahead of this week’s [$29 billion](https://www.bloomberg.com/news/articles/2026-07-05/sk-hynix-seeks-access-to-ai-investors-in-29-billion-us-listing) US stock-market listing. South Korea’s tech-heavy Kospi index lost 1%, while Japan’s Nikkei 225 Stock Average fell 0.4%. MSCI’s broad Asia Pacific Index fell 0.1% after swinging between gains and losses.