Asia stocks falter with Nvidia in focus, China leaves rates unchanged
Regional markets took little strength from a positive overnight session on Wall Street, which was spurred largely by gains in NVIDIA Corporation surged over 8% to a record high after local media reported the retailer’s founding Ito family was preparing to take the firm private by the end of the current fiscal year.Shares of Nvidia’s Asian suppliers were a mixed bag on Wednesday, with focus on the chipmaker’s third-quarter earnings.
Broader Asian stocks were mostly lower. Risk appetite was also dented by increased concerns over the Russia-Ukraine war, especially after Moscow lowered its threshold for carrying out nuclear retaliation.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves midday: Nvidia, Berkshire Hathaway, Yum China and moreThese are the stocks posting the largest moves in midday trading.
Read more »
Asia stocks drift lower with China stimulus, US inflation in focusAsia stocks drift lower with China stimulus, US inflation in focus
Read more »
Asia stocks rise with China stimulus, US elections in focusAsia stocks rise with China stimulus, US elections in focus
Read more »
Asia stocks rise with US election results, China stimulus in focusAsia stocks rise with US election results, China stimulus in focus
Read more »
Asia-Pacific markets poised to climb after Fed rate cut; China's NPC in focusInvestors will assess household spending data out of Japan, which could offer clues to the policy path ahead for the Bank of Japan.
Read more »
Asia FX muted as China stimulus underwhelms, dollar steady with CPI in focusAsia FX muted as China stimulus underwhelms, dollar steady with CPI in focus
Read more »