Asia markets trade mixed, breaking ranks from Wall Street rally
ASX Ltd. in Sydney, Australia, on 6 August 2024. Pedestrians are reflected in a window as stock information on the Australian Securities Exchange, operated by , is displayed on electronic boards.
Lisa Maree Williams | Getty Images News | Getty Images
Asia Pacific markets traded mixed, breaking away from Wall Street’s tech-fueled rally.
The rise comes after Amazon shares rose 4% on a $38 billion deal with OpenAI that will use hundreds of thousands of Nvidia’s graphics processing units. Nvidia also gained about 2% after obtaining export licenses to ship its chips to the United Arab Emirates.
of Australia S&P/ASX 200 It fell 0.7 percent as investors awaited the Reserve Bank of Australia’s policy decision.
of japan Nikkei 225 It was up 0.25% and Topix was up 0.52%. South Korea’s kospi It fell 1.29%, while the small-cap Kosdaq rose 0.24%.
of hong kong Hang Seng index The mainland’s CSI 300 index was flat, rising 0.23%.
Tech-dominated overnight in the USA Nasdaq While it increased by 0.46%, S&P 500 It traded up 0.17%. Dow Jones Industrial Average It was late, down 0.48%.
— CNBC’s Sean Conlon and Fred Imbert contributed to this report.
