European Chip Stocks Mixed After Korean Tech Selloff
European semiconductor shares started the week mixed after South Korean stocks exposed to AI sold off. SK Hynix closed 4.5% lower and Samsung Electronics fell 4.4%.
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European semiconductor shares started the week mixed after South Korean stocks exposed to AI sold off. SK Hynix closed 4.5% lower and Samsung Electronics fell 4.4%.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session
Asia's technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session
Asian technology stocks rebound after global selloff, with Samsung jumping 9% and European chip stocks steady