"Tech Selloff Sparks Stock Tumble: Intel and Visa in Focus"

The positive momentum in global stocks waned as Asian shares turned lower following a chip selloff triggered by underwhelming revenue forecasts from Intel, causing a ripple effect in the semiconductor sector. Policy-driven undercurrents, such as the Bank of Japan's hawkish tilt and state-backed stock buying in China, also influenced the market. With a light European data calendar, attention turns to upcoming earnings reports from U.S. tech giants and key events including a Federal Reserve meeting and the monthly jobs report, while the MSCI world index still looks set for a third straight weekly gain despite Asia's disappointing start.