From Nasdaq: 2025-01-16 19:31:53

The Taiwan stock market has rebounded after a four-day losing streak, with the TSE finishing higher despite opening under pressure on Friday. Global markets are soft, with oil and tech shares leading the decline. On Thursday, the TSE surged 2.27% to 23,025.10, led by gains in financials, tech, and plastics. Wall Street closed lower, with the Dow down 0.16%, NASDAQ down 0.89%, and S&P 500 down 0.21%. Traders are cautious after Wednesday’s rally and are monitoring U.S. economic data. Oil prices dropped after Israel-Hamas ceasefire news, with WTI Crude settling at $78.68 a barrel.



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