Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

TOKYO — Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China.The markets' spotlight was squarely on chip companies after a report from Bloomberg News said President Joe Biden is considering the most severe trade restrictions available if companies like the Netherlands’Tech-related shares weighed on Tokyo trading.

The recent currency fluctuations are a result of U.S. politics taking “center stage,” according to Tan Jing Yi of Mizuho Bank. Former President Donald Trump has been expressing concerns about an overly strong dollar as a disadvantage for the U.S. since it makes American-made products relatively more expensive in overseas markets.

Taiwan's Taiex lost 1.6% as giant chip maker TSMC sank 2.4% after losing 8% overnight in U.S. trading.“Taiwan should pay us for defense,” Trump said according to a transcript of an interview published by Bloomberg. “Taiwan took our chip business from us, I mean, how stupid are we?” he said.Advanced Micro Devices fell 10.2%, and Broadcom dropped 7.9%.

15 Non-Americans Shared Their Reactions To The Attempted Assassination Of Donald Trump, And There's A Deep Concern For America's Future What would it take to convert $10,000 into $1 million? Let’s do the math and see stocks that have the potential to make you a millionaire. The post Want $1 Million in Retirement? Invest $10,000 in These 3 Stocks and Wait a Decade appeared first on The Motley Fool Canada.Goldman Sachs says S&P 500 correction is coming, urges investors not to buy dip

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock market today: Asian shares advance after Nvidia's rebound offsets weakness on Wall StBANGKOK (AP) — Asian shares are mixed after a rebound for Nvidia offset weakness on Wall Street.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Asian shares lower after Wall Street closes another winning weekHONG KONG (AP) — Asian shares were mostly lower Monday after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia ’s stock...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Asian stocks are mixed after Wall Street edges to more recordsHONG KONG (AP) — Asian stocks were mixed on Wednesday after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Asian shares mostly gain after Wall St rallies to new recordsBANGKOK (AP) — Shares were mostly higher in Asia on Tuesday after U.S. stocks rallied to more records, with gains for technology companies pushing the...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportHONG KONG (AP) — Asian stocks were mixed Friday, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zoomsTOKYO (AP) — Asian shares were mostly higher on Wednesday after Tesla shares zoomed up more than 10%, helping to drive U.S. benchmarks to new records.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »