Tech Leads Asia as Oil Rises | Tulsa News

Asian markets split as tech surges lift Tokyo and Seoul, driven by AI chipmakers like Samsung and SK Hynix, while Hong Kong and Shanghai dip and Australia stays flat. Oil prices climb amid rising tensions in the Strait of Hormuz, with Iran reportedly planning an exclusion zone. In the U.S., markets closed for Labor Day, but last week’s weaker jobs report has traders betting the Fed may hike rates sooner to fight stubborn inflation — with key decisions looming on September 16th and August inflation data due September 11th. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f3a7b4c70eafa8b1