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US Stocks End Lower, Asian Indices Trade Mixed; Weak Opening On D-Street Today? | CNBC TV18 [Video]

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Asian Economy and Markets

US Stocks End Lower, Asian Indices Trade Mixed; Weak Opening On D-Street Today? | CNBC TV18

The US stock market indexes closed lower on Wednesday as Nvidia-led tech stocks fell sharply due to the uncertainty of the interest rate cuts. Nvidia fell more than 3% and added pressure on other tech stocks including Netflix, Apple, Microsoft, and Meta. The Dow Jones Industrial Average (DJIA) closed lower 45.66 points or 0.12% and settled at 37753.31. The S&P 500 index ended lower by 29.20 points or 0.58% and finished at 5022.21. The tech-heavy Nasdaq composite index fell 181.88 or 1.15% and closed at 15683.37.

Asian stock market indexes are trading mixed on Thursday following losses from Wall Street overnight. Investors are waiting for Australia’s unemployment rate which is due later in the day. Japan’s Nikkei 225 fell 0.46% trimming some early losses. Australia’s S&P ASX 200 is up by 0.40%, ahead of the unemployment reading.

South Korea’s Kospi index has reversed its previous session losses, up 1.52%. Shanghai and Hang Seng are trading marginally lower by 0.18% and 0.26% respectively. The Straits Times is in the green, while Taiwan is in the negative territory at 7.05 am IST.

Indications from the global stock markets and Gift Nifty both are slightly negative. Indian stock market indexes will likely open in the red and trade volatile.

#stockmarketupdates #sensex #nifty #dalalstreetaction #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

Read web story: https://www.cnbctv18.com/market/asian-stocks-rangebound-at-open-tech-in-focus-19398223.htm

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