ASIAN SHARES ARE MIXED WITH TECH STOCKS VOLATILE , AND OIL FALLS ON TRUMP RUSSIAN SANCTIONS WAIVER

What happened: Global stocks were mixed as technology share volatility continued in Asia, while oil fell after President Trump waived broad U.S. sanctions on Russia, including on Russian energy. Key numbers: Brent crude fell 2.1% to $107.55 per barrel; U.S. crude dropped 1.9% to $97.19. Why it matters: Capital Economics' Thomas Mathews wrote that tech volatility would pick up as the AI bubble inflates, with sharp sell-offs common even as markets made large net gains. Trump's waiver is likely to result in more Russian energy exports.

Global stocks were mixed as technology share volatility continued in Asia, while oil fell after President Trump waived broad U.S. sanctions on Russia, including on Russian energy.

Capital Economics' Thomas Mathews wrote that tech volatility would pick up as the AI bubble inflates, with sharp sell-offs common even as markets made large net gains. Trump's waiver is likely to result in more Russian energy exports.