Asian stocks fall on US tech sell-off; BoJ holds rate at 31-year high;
6 Articles
6 Articles
Asian stocks fall on US tech sell-off; BoJ holds rate at 31-year high;
Asian stock markets mostly declined on Friday, mirroring losses on Wall Street as technology and artificial intelligence-related shares came under renewed selling pressure following disappointing earnings from major US tech companies.
Asian stock markets were mixed, with declines in technology shares and increased likelihood of a Fed interest rate hike. The Bank of Japan kept its policy rate unchanged at 1.25%, while the Kospi fell 3.48% and the Nikkei 225 dropped 2.06%.
On Friday, the 30th of October, at 09:20 in Baku, prices on the S&P 500 index of the ABŞ decreased by 0.88% and amounted to 7 686.25. On Friday evening, S&P 500 index decreased by 0.31% to 7 719.08, Dow Jones decreased by 0.31% to 52 332.34, Nasdaq 100 remained silent with a decrease of 1.38% to 29 403.54. It broke even at the band level. Investors Federal […]
On Asian stock exchanges, technology stock prices were under strong pressure on Friday, just like on Wall Street yesterday, so stock market indices, which are heavily dependent on that sector, fell sharply.
Asian stock markets fell again on Friday as tech companies were hit hard by investors increasingly losing confidence in the sector, as investors sought safe havens after another round of disappointments on Wall Street.
The tech frenzy spreads to Asian stock markets on Friday, where several heavyweights are trading lower.
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