Asian markets mixed as Wall Street's tech-led decline impacts sentiment - PRESS AI WORLD
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Asian markets mixed as Wall Street's tech-led decline impacts sentiment

share-iconMonday, December 30 comment-icon3 weeks ago 8 views
News sources:
apnewsAPNEWS
Asian markets mixed as Wall Street's tech-led decline impacts sentiment

Credited from: APNEWS

  • Asian markets displayed mixed signals on Monday after a broad decline on Wall Street as tech stock losses affected investor sentiment.
  • South Korea’s Kospi rose by 0.6%, while Jeju Air shares plummeted by 8.8% due to a fatal runway incident.
  • Political instability increased as authorities sought a court warrant to detain impeached President Yoon Suk Yeol amid ongoing investigations.
  • Tokyo’s Nikkei 225 index fell by 0.9%, with the dollar strengthening against the yen, nearing the year's end trading ceremonies.
  • The S&P 500 experienced a 1.1% drop on Friday, primarily due to declines in the “Magnificent 7” tech stocks.

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