Asian Markets Slip as Tech Stocks Retreat Ahead of…
From Financial Modeling Prep: 2025-02-24 04:42:47
Most Asian stocks fell on Monday due to concerns over the U.S. economy and trade tensions. Hong Kong’s Hang Seng Index was flat, with tech stocks like SK Hynix and TSMC sliding. Alibaba announced a $52 billion AI investment. Japan’s Nikkei Futures rose despite a market holiday. Australia’s ASX 200 attempted a rebound after five losing sessions.
Investors are eagerly awaiting Nvidia’s earnings report on Feb 21, which could impact the AI market sentiment. U.S. economic data and the Fed rate outlook will be crucial for global markets. China’s AI and economic recovery may slow down after recent gains in the Shanghai Composite and CSI 300 indices.
With Nvidia’s earnings approaching and market volatility rising, investors should monitor AI-driven stock reactions, U.S. economic data, and central bank policies that could influence Asian markets in the near future.
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