[Tokyo Stock Market Closing]Japanese Stocks Slide Over 1% on US Tech Weakness; Select Outperformers Surge
Japanese stocks fell over 1% as US tech weakness triggered broad selling, though select outperformers like Kioxia surged on strong earnings; bond yields mostly declined.
Japanese Stocks Open Lower as US Tech Selloff Weighs on Market
Japanese stocks opened lower, with the Nikkei 225 falling 1.1%, as a sharp selloff in US technology shares triggered profit-taking and heightened selling pressure in Tokyo.
South Korea’s KOSPI index held steady near record highs despite a sharp overnight selloff in US tech stocks, with Samsung Electronics and SK hynix shares declining amid global semiconductor volatility.
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KOSPI Holds Firm Despite US Tech Stock Selloff—Index Dips Slightly to 5,280 in Early Trade
South Korea’s KOSPI index held steady near record highs despite a sharp overnight selloff in US tech stocks, with Samsung Electronics and SK hynix shares declining amid global semiconductor volatility.
KCGI Asset Management Forms First-Ever Partnership with Fidelity in Korea—Launches US AI Tech Fund
KCGI Asset Management partners with Fidelity International for the first time in Korea, launching a fund targeting US AI tech stocks and enhancing global investment capabilities.
[Asian Stock Markets Summary]US Tech Rally Lifts Asian Markets Across the Board
Asian stock markets rallied as US tech strength fueled gains across Japan, China, Hong Kong, and Taiwan, with AI and semiconductor shares leading the advance.
Dollar-Won Surges Past 1,470 on US Tech Stock Selloff—Highest in Seven Months
The dollar-won exchange rate surged past 1,470 to a seven-month high as US tech stock declines fueled risk aversion, weakening the Korean won despite mixed US jobs data.
Bitcoin Falls Below $90,000 for First Time in Seven Months
Bitcoin slipped below $90,000 for the first time since April, pressured by weaker Fed rate cut expectations and a correction in U.S. tech stocks, with prices down over 16% in the past month.
Global markets tumbled as U.S. tech stocks faced heavy selling, the dollar surged on safe-haven demand, and gold and bitcoin prices fell; analysts warn of further corrections and volatility ahead.
#YonhapInfomax #USTechStocks #DollarIndex #SafeHaven #GoldmanSachs #MarketCorrection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=89253[Dealing Room 24 Hours... Key International Economic News to Watch]
Global markets tumbled as U.S. tech stocks faced heavy selling, the dollar surged on safe-haven demand, and gold and bitcoin prices fell; analysts warn of further corrections and volatility ahead.
Japanese stocks opened slightly lower as early-month profit-taking by domestic investors offset gains in US tech shares, with the Nikkei 225 hovering near record highs and the yen trading at 154.3500 per dollar.
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Japanese Stocks Open Lower on Early-Month Profit-Taking Despite US Tech Gains
Japanese stocks opened slightly lower as early-month profit-taking by domestic investors offset gains in US tech shares, with the Nikkei 225 hovering near record highs and the yen trading at 154.3500 per dollar.
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