Asian markets close mixed on Monday: Nikkei hits 3-week low, Sensex climb

Asian markets ended mixed as U.S. tech selloff hit Japan and Korea [https://invezz.com/wp-content/uploads/2025/05/image-48.webp] Asian markets closed mixed on Monday, with most indexes ending in the red after a tech selloff in the United States. It was one of those days when bad news from Wall Street just rippled across the region. Japanese and South Korean chipmakers got hit particularly hard since they’re so tied to what happens with US tech companies. When American semiconductor stocks tank, it usually drags down their Asian suppliers and partners too. China was a bit of a mixed bag, though. While the broader market was down, some of their tech companies actually did okay thanks to all the AI buzz. ASIAN MARKETS: NIKKEI 225 HITS 3-WEEK LOW Japan’s Nikkei 225 dropped to its lowest close in three weeks as investors got spooked about the AI competition heating up. The index fell 1.24%, or about 530 points, to end at 42,188.79. At one point during the day, it was down more than 2% before recovering slightly. The broader Topix index didn’t get hit quite as hard,…