Asia markets fall as Japan economy grows less than expected; Hong Kong cancels morning trade due to storm
Publishing timestamp: 2023-09-07 21:54:55
Summary
The article discusses the performance of Asia-Pacific markets, including Japan, Hong Kong, mainland China, Australia, and South Korea. It also mentions the trade deficit in the Philippines and the lower-than-expected GDP growth in Japan. Additionally, it discusses the identification of stocks set to benefit from electrification and the potential for more interest rate increases. The article also mentions the strong dollar and its impact on U.S. exports and stock market performance. Finally, it mentions the drop in technology and semiconductor stocks, specifically Apple, Nvidia, Advanced Micro Devices, Seagate Technology, Skyworks Solutions, Qorvo, Qualcomm, and Applied Materials.
Sentiment: MIXED
Tickers: JPY=, .IXIC, .DXY, @LCO.1, .SSEC, .HSI, NVDA, QCOM, QRVO, .DJI, STX, AUD=, .N225, SWKS, .KS11, AMD, .AXJO, .SZI, AMAT, .SPX, AAPL, @CL.1,
Keywords: nikkei 225 index, dxy us dollar currency index, business news, wti crude (mar'23), ice brent crude (apr'23), chicago, australian dollar/us dollar fx spot rate, markets, world markets, breaking news: markets, usd/jpy, kospi index, prices, shenzhen component index, hang seng index, osaka, breaking news: asia, s&p/asx 200, asia economy, economic events, australia, shanghai, japan,
Source: https://www.cnbc.com/2023/09/08/asia-stock-markets-today-live-updates.html