Asia marketplaces mixed just after Wall Street sees tech market-off

Asia marketplaces mixed just after Wall Street sees tech market-off


With the Melbourne skyline in the qualifications, a ship sets sail out of the Port of Melbourne on September 14, 2021.

William West | Afp | Getty Images

Asia-Pacific markets are mixed soon after Wall Avenue saw a tech provide-off Monday, with Tesla tumbling 6% immediately after Goldman Sachs downgraded the electric powered vehicle maker, citing pricing headwinds.

Other tech names like Nvidia, Alphabet and Meta Platforms also lost extra than 3% each and every.

In Australia, the S&P/ASX 200 opened .28% up as buyers await inflation figures for May well on Wednesday, which will give a clue to the Reserve Lender of Australia’s fee moves in August.

In Japan, the Nikkei 225 extended its losses soon after three straight days of declines, slipping .25%, with the Topix looking at a more compact reduction of .06%.

South Korea’s Kospi and Kosdaq also was in the purple, dropping 0.46% and .53% respectively in early trade.

Hong Kong’s Cling Seng index seem established to snap its 5 working day getting rid of streak, with futures at 18,894 in comparison to the HSI’s shut of 18,794.13.

Overnight in the U.S., all a few big indexes fell, with the tech large Nasdaq Composite primary losses and shedding 1.16%, the S&P 500 lost .45%, and the Dow Jones Industrial Average dipped marginally.

— CNBC’s Samantha Subin and Jesse Pound contributed to this report



Supply

Gold, silver prices fall after CME raises precious metals margins — again
World

Gold, silver prices fall after CME raises precious metals margins — again

One kilogram and a five hundred gram gold bars next to one kilogram silver bars at The Vaults Group gold dealers arranged in Barcelona, Spain, on Monday, April 28, 2025. Bloomberg | Bloomberg | Getty Images Gold and silver prices lost ground on Wednesday as investors booked profits after a historic annual rally and exchange […]

Read More
Retail investors close out one of their best years ever. How they beat Wall Street at their own game
World

Retail investors close out one of their best years ever. How they beat Wall Street at their own game

A graph displaying the Apple stock price on a smartphone app. Jaap Arriens | Nurphoto | Getty Images Retail investors have had a gangbuster year in 2025. Mom-and-pop investors bought the dip at key points this year, providing strong returns as the market climbed to all-time highs. Once thought of as unsophisticated and easily duped, […]

Read More
Champagne sales surge at New Year — but labor abuses and tariffs have clouded the industry
World

Champagne sales surge at New Year — but labor abuses and tariffs have clouded the industry

Bulgarian grape harvesters work in the vineyards of Chateau de Meursault in Meursault, in the Burgundy region of central-eastern France, on August 26, 2025. (Photo by ARNAUD FINISTRE / AFP) (Photo by ARNAUD FINISTRE/AFP via Getty Images) Arnaud Finistre | Afp | Getty Images It’ll come as no surprise that sales of Champagne peak in […]

Read More