Global market negativity due to weak tech and oil performance

From Nasdaq: 2025-02-25 19:29:49

The Taiwan stock market has fallen almost 2 percent over the past two days, with the Taiwan Stock Exchange closing just above 23,000 points. Global markets are expected to be negative, influenced by weak performance from technology and oil companies. On Wall Street, the Dow rose while the NASDAQ and S&P 500 fell due to concerns about the sustainability of the artificial intelligence trade and a decline in U.S. consumer confidence. Oil prices also dropped to an 11-week low on Tuesday. Taiwan is set to release Q4 GDP numbers and January unemployment data today.



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