Reported 8 months ago
The US stock market saw all three major indices decline on June 21st, affecting Taiwan's performance on June 24th; the Taiwan Stock Exchange dropped over 280 points below 23,000 at the opening, with tech giant TSMC falling by 18 points to 952. The index opened at 23,124 points but extended its losses, reaching 22,895.44 points with a 357.95-point or 1.54% drop by 10 AM. Tech stocks and heavyweight stocks like Foxconn and MediaTek experienced significant declines, while some others maintained slight increases. Various factors like upcoming FOMC talks, the first US presidential debate on the 27th, and economic data releases can impact the market.
Source: YAHOO