Global Markets Respond to Geopolitical Tensions and Tech Earnings

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The Fear and Greed Index fell below 30 on October 22, 2026, as global markets shifted to a risk-off stance amid rising tensions in the Middle East and mixed tech earnings. The Korean Composite Index dropped over 4%, Bitcoin slipped below $82,200, and Brent crude rose above $111. U.S. Treasury yields declined as investors sought safe-haven assets. Tesla and Lam Research both plunged in after-hours trading. Altcoins underperformed as risk appetite waned.

Huo Xing Finance reports that on October 22, global market risk sentiment weakened amid escalating tensions in the Middle East and mixed earnings results from tech stocks. The KOSPI fell over 4%, SK Hynix dropped more than 5%, and Samsung Electronics slid over 4%. The Nikkei 225 declined approximately 2.65%, while the MSCI Asia Pacific Index fell 1.72%, hitting its lowest close since late July. In the U.S., Nasdaq futures dropped 1.5%, and S&P 500 futures fell 0.8%. In energy markets, Brent crude rose 2% to $111 per barrel. The U.S. State Department ordered the evacuation of non-emergency diplomatic personnel and their families from Saudi Arabia, further intensifying market concerns over potential escalation in the Middle East and disruptions to oil supply. Risk-off sentiment drove up U.S. Treasury prices, with the 30-year yield falling 3 basis points to 5.38%. The USD/JPY declined 0.5% to 157.34. Precious metals also weakened, with spot gold falling 1.04% to $4,097 per ounce and spot silver dropping 3.21%, briefly falling below $56 per ounce. Bitcoin declined over 2.7% intraday to approximately $82,200. Among tech stocks, Tesla fell 3.3% after hours due to a reduction in its capital expenditure forecast; Meta rose 2.14% after hours following an upward revision to its AI-related spending outlook; Lam Research plunged 7.21% after hours as its guidance fell short of expectations. Market scrutiny of AI investment returns and commercialization prospects continues to intensify, as investors shift focus from capital expenditure scale to actual performance and monetization capabilities.

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