Asian stocks sink as US-China trade tensions spark technology rout

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Asian stocks sink as US-China trade tensions spark technology rout

Investing.com-- Most Asian stocks fell on Thursday, with losses centered around technology and chipmaking shares as the threat of more U.S. restrictions on China ramped up concerns over a renewed trade war between the countries.

The Bloomberg report said that the U.S. is considering stricter trade restrictions on China if companies including Tokyo Electron and ASML Holding NV ADR , which is also considered a bellwether for the chip industry, clocked stronger-than-expected earnings on Wednesday, as it benefited from AI-fueled demand.fell 0.3%, retreating from record highs as a substantially stronger-than-expected reading on the labor market pushed up concerns over higher interest rates in the country.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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