Asian equity markets commenced trading on a notably weak note, with both Japanese and South Korean benchmarks experiencing significant declines.
The South Korean KOSPI index opened 1.3% lower at 8,813.18 points, while Japan's Nikkei 225 index started the session down 1.08% at 71,587.71.
In the United States, the three major stock indices delivered a mixed performance during Thursday's session.
The Dow Jones Industrial Average briefly touched a new all-time intraday high of 52,655.66 points, though the Nasdaq Composite and S&P 500 indices extended their losing streak to four consecutive sessions.
At the closing bell, the Dow had gained 0.14% to settle at 51,920.62 points.
The Nasdaq declined by 0.46% to finish at 25,358.60 points, and the S&P 500 edged down a marginal 0.01% to close at 7,357.49.
Semiconductor stocks largely outperformed, with the Philadelphia Semiconductor Index advancing 3.59%.
Notable gainers included SanDisk, which surged over 21%, Micron Technology, up more than 15%, and Applied Materials, which rose over 13%.
Teradyne increased by more than 10%, while KLA Corporation and Lam Research both climbed over 7%.
In contrast, major US technology stocks faced a broad sell-off, with the Wind US Tech Seven Giants Index falling 2.75%.
Among individual components, Apple shares dropped over 6%, marking their largest single-day decline since April 2025.
Microsoft and Amazon both fell more than 3%, while Meta Platforms declined over 2%.
NVIDIA shares decreased by more than 1%, Alphabet slipped 0.46%, and Tesla edged down 0.11%.
Separately, it was reported that Iran estimates the potential annual revenue from charging for services related to security and environmental protection in the Strait of Hormuz could reach $40 billion.
Additionally, a report from S&P Global Commodity Insights noted that 78 vessels transited the Strait of Hormuz on a recent day, the highest single-day count since the onset of regional hostilities.
The average daily vessel traffic through the strait this month has recovered to approximately 57% of pre-conflict levels.
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