Business
Tech firms led a plunge across Asian markets Wednesday after a rout on Wall Street fuelled by a collapse in chip titan Nvidia.
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Tech firms led a plunge across Asian markets Wednesday after a rout on Wall Street fuelled by a collapse in chip titan Nvidia.
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On Wall Street, the Dow ended slightly lower, but the S&P 500 and Nasdaq chalked up more record highs.
Asian equities edged higher Tuesday after recent losses as investors ignored another tough day for tech titans on Wall Street.
Asian markets extended last week’s poor run with more losses Monday, following on from another tepid lead from Wall Street.
Asian markets mostly fell Friday following a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking.
The Fed has held interest rates at a 23-year high as it looks to bring inflation down to its long-term two percent target.
Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street.
Asian markets mostly fell Friday as traders struggled to build on Wall Street's positive lead, with hopes for a June interest rate cut fading.
Most Asian markets rose Thursday, tracking a rebound in Europe and New York and following positive remarks from Federal Reserve.