# Asian Shares Cautious as Earnings Loom

> Asian markets cautious ahead of tech earnings and oil volatility.
- Title: Asian Shares Cautious as Earnings Loom · The Economic Times
- Summary: Asian markets cautious ahead of tech earnings and oil volatility. Asian shares fell 1.1% as tech earnings season approaches, oil slips amid Gulf strikes.
- Keywords: s&p 500, asiapac shares, oil prices, tech earnings, us inflation, corporate debt, ai borrowing costs, brent crude, money, business, Asian, Shares
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/news/global-market-today-asian-shares-cautious-as-earnings-loom-oil-slips/articleshow/134880101.cms
- Author: Reuters
- Published: 2026-10-12T00:46:00+00:00
- Read time: 1 min
- Topics: s&p 500, asiapac shares, oil prices, tech earnings, us inflation, corporate debt, ai borrowing costs, brent crude, money, business
## Asian markets cautious
Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations.
## South Korean stocks down
South Korean stocks fell 1.1% while MSCI's broadest index of Asia-Pacific shares outside Japan was little changed.
## Oil prices choppy
Brent futures started higher but soon slipped 1.1% to $103.50 a barrel away from the recent top of $109.97.
## US markets steady
S&P 500 futures edged up 0.2% while Nasdaq futures firmed 0.5% in Wall Street.
## Tech earnings pressure
S&P 500 earnings expected to jump by more than 30% in Q3 with tech sector driving gains.
## AI borrowing costs rise
Investors demand higher yields to fund AI borrowing as corporate debt pressures mount.
## US inflation data coming
US CPI expected to rise 0.6% to annual 3.7% with core inflation cooling to 0.2%.
## Oil prices drop
US crude futures lost 1.2% to $90.73 a barrel amid Gulf shipping strikes.
## Key takeaway

Asian shares fell 1.1% as tech earnings season approaches, oil slips amid Gulf strikes.