Asia markets mostly fall after tech stocks lift Nasdaq to record highs

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Investors in Asia will be watching for any spillover to companies in Nvidia’s value chain, such as Taiwan’s TSMC and Foxconn.

This is CNBC's live blog covering Asia-Pacific markets.Several Wall Street firms also increased their price target on the AI darling ahead of its earnings report, suggesting shares could gain as much as 30% from their current levels.Investors in Asia will be watching for any spillover effect on companies linked with Nvidia's value chain, such as Taiwan'sslipped 0.

The U.S move to impose higher tariffs on Chinese electric vehicles is set to have an impact on the U.S. battery supply chain — and create investing opportunities, according to Bernstein. The value investor believes that the company is well-positioned for future growth as it has a net cash of $1.1 billion and a strong cash flow generation.Commodities are still the biggest threat to the U.S. stock market, according to Raymond James managing director Tavis McCourt.

JPMorgan Chase CEO Jamie Dimon indicated Monday that the day is getting closer when he still step down from running the nation's largest bank.

 

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Asia markets are mixed after tech stocks lift Nasdaq to record highsInvestors in Asia will be watching for any spillover to companies in Nvidia’s value chain, such as Taiwan’s TSMC and Foxconn.
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