Asian stocks rise as tech steadies; but steep weekly losses on tap

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Asian stocks rise as tech steadies; but steep weekly losses on tap

Investing.com-- Most Asian stocks rose on Friday as heavyweight technology shares steadied from several sessions of steep declines, although regional indexes were still set for deep weekly losses.

The tech sector steadied after extended profit-taking and a shift into more economically sensitive sectors battered valuations over the past week. Losses were worsened by underwhelming earnings from major U.S. tech companies.) was an outlier in Asian tech on Friday, with the firm’s Taipei shares tumbling nearly 7% after a two-day holiday in Taiwan due to Typhoon Gaemi.

Nifty futures pointed to a flat open for the index, which did see some measure of profit-taking this week, while investors also reacted negatively to an increase in India’s capital gains tax rates under the 2024 union budget.retained a bulk of gains made through July, where they hit a series of record highs on optimism over Indian economic growth.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 450. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stock market today: Asian shares advance after Nvidia's rebound offsets weakness on Wall StAsian shares are mixed after a rebound for Nvidia offset weakness on Wall Street. Oil prices and U.S. futures were higher. On Tuesday, the S&P 500 rose 0.4% and neared its all-time high set a week earlier. The Nasdaq composite leaped 1.3% for its first gain in four days.
Fonte: AP - 🏆 728. / 51 Leggi di più »

Stock market today: Asian shares advance after Nvidia's rebound offsets weakness on Wall StAsian shares are mixed after a rebound for Nvidia offset weakness on Wall Street.
Fonte: ksatnews - 🏆 442. / 53 Leggi di più »

Stock market today: Asian shares advance after Nvidia's rebound offsets weakness on Wall StAsian shares are mixed after a rebound for Nvidia offset weakness on Wall Street.
Fonte: wjxt4 - 🏆 246. / 63 Leggi di più »

Stock market today: Asian shares advance ahead of U.S. inflation reportAsian shares have advanced as traders look ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates.
Fonte: wjxt4 - 🏆 246. / 63 Leggi di più »

Stock market today: Asian shares advance ahead of U.S. inflation reportAsian shares have advanced as traders look ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates.
Fonte: ksatnews - 🏆 442. / 53 Leggi di più »

Stock market today: Asian shares advance ahead of U.S. inflation reportAsian shares have advanced as traders look ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates. U.S. futures were mixed and oil prices rose. In Japan, the government reported industrial output was higher than expected and the unemployment rate stayed at 2.6% in May.
Fonte: AP - 🏆 728. / 51 Leggi di più »