Asian stocks sink as US-China trade jitters offset Nvidia tech boost

Investing.com-- Most Asian stocks fell on Thursday with Chinese markets leading declines as a trade war with the U.S. appeared to be heating up, while fears of higher interest rates also weighed on sentiment.Regional markets took a weak lead-in from Wall Street, which fell in overnight trade after the minutes of the Federal Reserve’s late-April meeting showed increasing concerns among policymakers over sticky inflation.

Beijing appeared to have retaliated to the tariffs by banning trade activities related to China by some U.S. companies, as well as the shipment of some arms to Taiwan. Reports also said that Boeing’s plane deliveries to China were facing delays due to regulatory scrutiny.

United States United States Latest News, United States United States Headlines

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

Nvidia Asian suppliers cautiously advance as Q1 earnings loomNvidia Asian suppliers cautiously advance as Q1 earnings loom
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks rangebound with Fed minutes, Nvidia earnings in focusAsian stocks rangebound with Fed minutes, Nvidia earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: Asian shares are mixed as China stocks get bump from new property measuresAsian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of fresh measures to revive the ailing property
Source: Mynorthwest - 🏆 438. / 53 Read more »