Tech rout eases as Iran-Israel tensions subside, markets wobble globally

Global stocks were mixed as a tech-led selloff cooled in Asia while Iran signaled an end to attacks on Israel, easing risk sentiment and helping Europe and U.S. futures after Friday’s rout. Brent crude rebounded to around a 1.5% gain after earlier spikes, even as Asia’s markets fell sharply (KOSPI -8.3%, Nikkei ~-4%). In the U.S., Treasuries ticked higher in yield as a strong jobs report kept Fed-hike expectations intact, with SpaceX’s upcoming IPO and U.S. inflation data on the horizon. Bitcoin had fallen about 16% last week but was modestly firmer to start the week. Overall, tech weakness sparked the retreat, but easing Middle East tensions kept a cautious market tone.