Reported 7 months ago
The Federal Reserve in the US is holding a two-day FOMC meeting, with the latest interest rate decision expected to be announced early Thursday in Taiwan time, leading to the Dow Jones Industrial Average falling by 0.3%. Apple's launch of 'Apple Intelligence' surged its stock price by 7%, propelling Nasdaq and the S&P 500 to record highs. Amid reports of the US government considering further restrictions on China acquiring advanced chips, semiconductor stocks fluctuated with Nvidia declining by 0.71% and TSMC ADR dropping by 1.46%. Across the board, tech giants like Apple, Microsoft, Meta, Alphabet, and Amazon saw gains, while chip stocks like AMD, Qualcomm, ASML, Broadcom, Intel, and Micron showed mixed performance.
Source: YAHOO