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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-JP,  2317-TW,  .KS11,  .IXIC,  2330-TW,  NVDA,  .DJI,  INTC,  .SPX,  AMD,  6723.T-JP,  9984.T-JP,  .TWII,  .HSI,  .N225,  .AXJO,  8035.T-JP,  MRVL,  981-HK, 

Keywords: semiconductor manufacturing international corp,  breaking news: markets,  nikkei 225 index,  business news,  taiwan semiconductor manufacturing co ltd,  tokyo electron ltd,  advantest corp,  renesas electronics corp,  taiwan weighted index,  softbank group corp,  kospi index,  hua hong semiconductor ltd,  asia economy,  hang seng index,  world markets,  markets,  hon hai precision industry co ltd,  s&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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