Taiwan Stock Market May Find Support On Wednesday
From Nasdaq: 2024-06-11 20:31:47
The Taiwan Stock Exchange fell 0.30% on Tuesday, closing at 21,792.12, with mixed performances from financial, technology, and plastics sectors. Cathay Financial gained 0.86%, while Largan Precision plummeted by 6.34%. Wall Street saw a mixed day, with the NASDAQ rallying to a record high, partly due to Apple’s 7.3% surge after unveiling new AI features. Traders are anticipating the Labor Department’s inflation report for May and the Federal Reserve’s monetary policy announcement today. Oil prices settled slightly higher at $77.90 a barrel as markets await key economic data and Fed statements.
Read more at Nasdaq: Taiwan Stock Market May Find Support On Wednesday