Asian shares mostly slip as market focus turns from Nvidia to US economy

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 28 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Nvidia News

White House,Shanghai Composite

TOKYO (AP) — Asian shares mostly fell Thursday as market attention turned to upcoming data on the U.S. economy after Nvidia reported its financial results.

Nvidia, one of several companies that have ridden a wave of enthusiasm over artificial intelligence developments, reported earnings Wednesday.

The White House statement said both sides would keep lines of communication open. Worries are growing lately about tensions over Taiwan. Wall Street and the Fed are trying to gauge the resiliency of U.S. consumers amid the squeeze from inflation and high borrowing rates. The central bank is expected to begin trimming its benchmark interest rate back from a two-decade high at its next meeting in September.

Treasury yields were mixed in the bond market. The yield on the 10-year Treasury rose to 3.84% from 3.83% on Tuesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stocks Set to Slide as Nvidia Disappoints: Markets Wrap(Bloomberg) -- Stocks in Asia slipped as Nvidia Corp. earnings lacked the wow factor to impress investors, while Chinese results helped extend a selloff in...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Chip Stocks Decline as Nvidia’s Outlook Damps AI Frenzy(Bloomberg) -- Asian semiconductor stocks slipped as a less-than-outstanding outlook from key chipmaker Nvidia Corp. chilled investor sentiment on the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian benchmarks mostly decline as markets await Nvidia earningsTOKYO (AP) — Asian shares were mostly lower Wednesday, despite a record high on Wall Street, as investors awaited a closely watched earnings report from...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks to Slip as US Holds Breath for Nvidia: Markets Wrap(Bloomberg) -- Stocks in Asia are set to edge lower after a sluggish day on Wall Street, as traders look to Nvidia Corp.’s results for clues on whether the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »