Asia-Pacific markets track Wall Street slide on tech sell-off; Japan headline inflation holds steady
Publishing timestamp: 2024-07-19 03:35:10
Summary
Investors are analyzing Japan's inflation numbers for potential Bank of Japan moves. Asian markets fell, with tech stocks being rotated out of. Japanese chip-related stocks rebounded, while Chinese chip stocks listed in Hong Kong saw gains. South Korean markets fell, with chip stocks declining. Taiwanese chip stocks also continued to decline. Australian market also fell, following the trend of Wall Street declines.
Sentiment: NEUTRAL
Tickers: .IXIC, .KS11, .HSI, .FKRX300, UNDEFINED, 2330-TW, .N225, .DJI, 2317-TW, .TWII, 981-HK, .AXJO, HXSCL, .SPX,
Keywords: taiwan semiconductor manufacturing co ltd, sk hynix inc, world markets, breaking news: markets, hang seng index, s&p 500 index, samsung electronics co ltd, markets, taiwan weighted index, business news, asia economy, semiconductor manufacturing international corp, nikkei 225 index, kospi index, hua hong semiconductor ltd, hon hai precision industry co ltd,
Source: https://www.cnbc.com/2024/07/19/asia-markets.html