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Nikkei sees worst day since early August sell-off; Taiex leads losses in Asia as tech stocks fall - TL;DR CNBC

Nikkei sees worst day since early August sell-off; Taiex leads losses in Asia as tech stocks fall

Publishing timestamp: 2024-09-04 03:17:26


Summary

Asian markets plunged due to U.S. tech stock sell-off and weak economic data, leading to losses in chip giants and related stocks. U.S. chipmaker Nvidia and semiconductor stocks also saw significant declines, with major indexes recording their worst days since August.


Sentiment: NEGATIVE

Tickers: 6857.T-JP2317-TW.KS11.IXIC2330-TWNVDA.DJIINTC.SPXAMD6723.T-JP9984.T-JP.TWII.HSI.N225.AXJO8035.T-JPMRVL981-HK

Keywords: semiconductor manufacturing international corpbreaking news: marketsnikkei 225 indexbusiness newstaiwan semiconductor manufacturing co ltdtokyo electron ltdadvantest corprenesas electronics corptaiwan weighted indexsoftbank group corpkospi indexhua hong semiconductor ltdasia economyhang seng indexworld marketsmarketshon hai precision industry co ltds&p 500 index

Source: https://www.cnbc.com/2024/09/04/asia-pacific-markets-set-to-fall-after-recession-fears-heighten-nvidia-tumbles.html


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