Asian benchmarks mostly decline as markets await Nvidia earnings

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 52 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Business Noticias

World News

Asian shares are trading mostly lower, despite a record high on Wall Street, as investors awaited a closely watched earnings report from Nvidia.

A currency trader stretches while working near a screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Aug. 28, 2024. – Asian shares were mostly lower Wednesday, despite a record high on Wall Street, as investors awaited a closely watched earnings report from Nvidia.

Australia’s S&P/ASX 200 lost 0.6% to 8,024.70. Australia’s headline index of inflation for July fell less than expected, down 3.5% from the previous year.Hong Kong’s Hang Seng, which has been rising steadily in recent sessions, dipped 0.8% to 17,735.39. Analysts believe the higher-than-expected China’s industrial profits reported this week isn’t great enough to maintain the optimism. The Shanghai Composite dipped 0.3% to 2,839.34.

“That’s the major question, and I think all eyes will be on Nvidia as they report this week,” said Bill Merz, head of capital markets research at U.S. Bank Wealth Management. “That’s kind of the elephant in the room, so to speak, that many investors will focus on.” The benchmark S&P 500 and Nasdaq composite each finished 0.2% higher after drifting between small gains and losses most of the day. The benchmark S&P 500 is now within 0.8% of its record high set last month. Slightly more stocks closed lower than those that posted gains on the New York Stock Exchange.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 246. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »

Asian stocks mixed after Wall Street rallies as 'time has come' for rate cutsAsian stocks are mixed after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy. U.S. futures edged lower. Oil prices rose Monday. On Friday, Fed Chair Jerome Powell said the time had come to lower the main interest rate from a two-decade high.
Fuente: AP - 🏆 728. / 51 Leer más »