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Asian Stocks in Tight Range After Big Tech Results: Markets Wrap
Most Asian stocks traded in narrow ranges following losses on Wall Street after an unimpressive start to the earnings reports from the “Magnificent Seven” megacap technology companies. Equity benchmarks in Japan edged lower while those in China opened with small gains. US shares dropped Tuesday as traders assessed earnings after the closing bell from corporate America’s largest businesses including Tesla Inc. and Alphabet Inc. Taipei’s bourse is shut for a typhoon, meaning Taiwan Semiconductor Manufacturing Co, is not trading. Investors were looking to tech earnings to maintain a rally that drove US and ... (full story)
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- Posted: Jul 23, 2024 10:36pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,634
