Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions

Asian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark dipped more than 2% as investors remained wary over China’s plans for helping its ailing property sector.providing some details of the sweeping blueprint it endorsed for making China a leader in technology, building its financial markets and raising living standards.

In Taiwan, the Taiex fell 2.3%, as computer chip-maker Taiwan Semiconductor Manufacturing Co.'s shares sank 3.5%, extending losses triggered by a report that Washington might double-down on restrictions on sales to China of semiconductors and equipment used to make and test them. The rout in the tech sector this week has dragged markets in the U.S. and Asia lower after a bout of strong gains.On Wall Street, the S&P 500 dropped 0.8% to 5,544.59. The Dow Jones Industrial Average dropped 1.3% to 40,665.02, and the Nasdaq sank 0.7% to 17,871.22.Earlier this year, a climb for Nvidia and some of the other handful of stocks that came to be knownThe majority of stocks within the S&P 500 fell, with Domino’s Pizza logging the sharpest loss, dropping 13.

Investors can expect a huge reveal on Nvidia's upcoming earnings call that could silence AI critics, Goldman Sachs says

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

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...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares are mixed after gains on Wall StreetHONG KONG (AP) — Asian stocks were mixed Tuesday after stocks advanced on Wall Street and yields jumped in the U.S. bond market as election-related issues...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

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...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian stocks are mixed after US markets were closed for JuneteenthHONG KONG (AP) — Asian stocks were mixed in thin trading Thursday after U.S. markets were closed in observance of Juneteenth.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »