Tag Archives: Indices
Nasdaq 100 hits 7-week lows during tech rout
The Nasdaq composite falls to its lowest level since early June, marking its worst two-day drop since September 2022. Read more to find out about the market implications and outlook.
S&P 500 rebounds as tech shares lead market recovery
The S&P 500 rallied with tech shares like Nvidia surging. Biden’s decision not to seek re-election adds volatility. Read more on the latest market trends and forecasts.
Japan’s Nikkei hits one-month low with mixed US tech earnings and a yen rally
Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.
Nikkei rebounds as chipmakers and shippers lead rally
Japan’s Nikkei 225 index rebounds from a three-week low, driven by gains in chipmakers and shippers. Explore market implications and short-term trading opportunities.
US dollar index loses strength as Fed rate-cut expectations grow
The US dollar index (Symbol: USDX) as expectations of an interest rate cut grows stronger as the spotlight shifted to economic data for more clues on the monetary policy path of the Federal Reserve.
Taiwan dollar hits 8-year low on chip sell-off
The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in U.S. policy if Donald Trump wins the presidency.
Japan’s Nikkei drops 2% on global chip sell-off and surging yen
Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since July 2.
Nasdaq and tech stocks plunge as inflation data spurs sell-off
Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.
Week ahead: Tech sell-off, inflation data drives markets
A sharp sell-off in mega-tech stocks dragged down the Nasdaq and the S&P 500. However, a cooler-than-expected inflation update suggested a nearly certain 25 basis points (bp) Federal Reserve rate cut in September. Learn how despite the tech slump, the anticipation of lower interest rates has buoyed investor sentiment.
Yen fluctuates with intervention talks; Asian shares on track for weekly gain
The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.
