Asian Markets Decline Following Weak Tech Stocks on Wall Street

Reported about 14 hours ago

Asian shares dipped as technology stocks faced selling pressure after a lackluster performance on Wall Street. Key markets like Hong Kong and Shanghai saw declines, while U.S. futures rose slightly. President Trump cast uncertainty over his upcoming meeting with Chinese leader Xi Jinping amid trade tensions, although he expressed optimism about negotiations. Despite some gains in companies like General Motors, major tech stocks exerted downward pressure on markets, reflecting broader concerns over profit growth and the implications of the U.S. government shutdown on economic data.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis