Reported about 9 hours ago
Asian market shares displayed a mixed performance on Thursday, following Wall Street's dip influenced by losses in major tech stocks. Tokyo's Nikkei 225 rose by 0.7%, while Australia's S&P/ASX 200 increased by 0.8%. In contrast, Chinese markets saw declines amid profit-taking, with Hong Kong's Hang Seng index decreasing by 1.3%. In the U.S., tech giants like Nvidia and Microsoft contributed to a downturn, overshadowing overall economic growth supported by consumer spending. Wall Street anticipates upcoming interest rate cuts amid inflation concerns.
Source: YAHOO