The Taiwan stock market ended a five-day winning streak, dropping 0.54% to finish just below 24,240 points. Global markets are stable ahead of the U.S.-Russia meeting on the Russia-Ukraine war. Wall Street closed mixed, with the Dow down 0.02%, the NASDAQ down 0.01%, and the S&P 500 up 0.03%. Producer prices in the U.S. rose more than expected in July, impacting rate cut expectations. Crude oil prices increased by 2.11% ahead of the U.S.-Russia meeting. Taiwan will release Q2 GDP numbers today, following a 7.96% increase in the previous quarter.

Read more at Nasdaq: Soft Start Seen For Taiwan Stock Market