Asian stocks today: Markets trade in red after Wall Street slips; HSI falls over 280 points, Nikkei down 0.7%

Market Overview - Asian stocks traded mostly in red following Wall Street's first slump in eight days, with Hong Kong's HSI down 287 points or 1% to 26,669, Taiwan's index down 129 points or 0.48%, and Nikkei falling 31 points to 47,919 [2][4] - The S&P 500 dropped 0.4% to 6,714.59, the Dow Jones lost 0.2% to 46,602.98, and the Nasdaq fell 0.7% to 22,788.36 in the US market [4] Commodity and Currency Movements - Gold surged $25.40 to a record high of $4,029.60 an ounce [2][4] - The Japanese yen fell sharply against the dollar, with the dollar rising to 152.53 yen from 151.90, while the euro slipped to $1.1621 from $1.1659 [2][4] Company-Specific Developments - Tesla led the declines in the US market, dropping 4.4% after unveiling cheaper versions of two electric car models, reversing most of its previous day's gains [3][4] - Oracle fell 2.5% following reports of thin profit margins on an AI-related business [3][4]