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Asia markets track Wall Street declines; electric vehicle shares drop on demand worries - TL;DR CNBC

Asia markets track Wall Street declines; electric vehicle shares drop on demand worries

Publishing timestamp: 2024-04-03 03:24:12


Summary

Asia-Pacific stocks fell, especially electric vehicle makers, due to demand worries. Shares of various companies dropped, including Tesla and Singtel. Itochu Corp announced ambitious management plan. China's service sector expanded, while Taiwan Semiconductor Manufacturing Co evacuated production lines after earthquake. Fast Retailing saw sales decline, while Country Garden reported falling sales. Energy stocks globally are reaching new highs amid rising oil prices.


Sentiment: MIXED

Tickers: DJTJPY=MPC.KS112007-HK.SZI.TWII.HSIRDDT.DJIAUD=IXC.N225.DXYZE594-CN@CL.1COP1211-HK.SPXTSLA.IXICSTEL-SG.SSEC@LCO.19983.T-JP857-HK2330-TW.AXJOCNQ

Keywords: wti crude (mar'23)australiataiwan weighted indexworld marketss&p/asx 200kospi indexbreaking news: marketsbyd co ltddow jones industrial averageice brent crude (apr'23)australian dollar/us dollar fx spot rateshenzhen component indexusd/jpyshanghaimarketsdxy us dollar currency indexbusiness newsbreaking news: asiaeconomic eventspricesnasdaq composites&p 500 indexhang seng indexnikkei 225 indextesla incasia economy

Source: https://www.cnbc.com/2024/04/03/asia-markets-live-updates-ev-makers-federal-reserve-china-data.html


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