On 4 November 2025, Asian stock markets traded broadly lower as investors took a step back from recent big-tech gains. Japan’s Nikkei 225 fell by over 180 points, while South Korea’s KOSPI shed around 1.6%. The pull-back reflects worries of a tech bubble and mixed commentary from Federal Reserve officials on future rate moves. With U.S. economic data still ambiguous, traders in the region remained cautious ahead of domestic catalysts.