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Asia stocks sink on Wall Street decline; Japan plunges amid sell-off in JGBs and China tensions
Asia stocks trade in red on Tuesday followed Wall Street’s decline overnight ahead of the announcement of the jobs data and Nvidia’s quarterly results. Japanese markets were the worst performers of the day,
The Dow Jones Industrial Average index advanced 664.18 points, or 1.43%, to close at 47,112.45. The S&P 500 gained 0.91% to settle at 6,765.88, while the Nasdaq Composite climbed 0.67% to finish at 23,025.59. That marks a turnaround from the losses seen earlier in the day.
NEW YORK (AP) — Stocks are wavering in unsteady trading Wednesday as Wall Street contends with an escalating trade war and the latest profit reports from big banking and technology companies. The S&P 500 rose 0.3% in afternoon trading. The index has ...
Asia stocks trade mixed on Monday as it reacts cautiously to the Wall Street rally. Japanese stocks rebounded sharply, even with the Bank of Japan's hawkish stance. Meanwhile, major chipmakers helped push South Korean markets higher. Markets also monitored ...
A global sell-off for stocks whips back around to Wall Street as Nvidia and other stars keep falling
NEW YORK (AP) — The U.S. stock market is falling sharply again on Tuesday, joining a global-sell off stretching from Asia to Europe, as Nvidia, bitcoin and other Wall Street stars keep falling on worries that their prices shot too high.
The likes of Goldman Sachs Group Inc, JPMorgan Chase & Co and Citigroup Inc are expected to generate US$165 billion in revenue from trading in fixed-income, credit and commodities this year.
Wall Street is stuck on pause Wednesday as it waits to hear from the Federal Reserve in the afternoon, when it’s expected to deliver the first cut to interest rates of the year. The S&P 500 edged down by 0.1% and was drifting near its record set on Monday.
Sanae Takaichi, the newly-elected leader of Japan's ruling party, the Liberal Democratic Party, sparked a market reaction after her surprise victory. The surprise party victory for Sanae Takaichi has brokers fearful about Japan's currency and bonds.
Nvidia’s blowout earnings call—which came in way above expectations—simply wasn’t good enough to persuade traders that AI may be overcooked.