Nikkei 225, Kospi, Nifty 50
Low angle view of tall buildings showcasing different architectural styles in Tokyo, Japan
George Pachantouris | An | Getty Images
Asia-Pacific markets traded mixed on Friday after US stocks fell overnight as Nvidia shares fell despite a drop in quarterly earnings.
of japan Nikkei 225 Topix traded flat, falling 0.6%. The benchmark Japanese index hit 59,000 for the first time before rising slightly on Thursday.
South Korea’s Kospi index lost 1.1%, while the small-cap Kosdaq lost 0.35%.
Hong Kong Hang Seng index HSI’s last close was 26,381.02 while futures last traded at 26,391.
In the US, the S&P 500 retreated overnight after the latest results from tech giant Nvidia and software giant Salesforce failed to boost the market.
The broad market index closed at 6,908.86 points, down 0.54%, and the Nasdaq Composite closed at 22,878.38 points, down 1.18%. The Dow Jones Industrial Average rose 17.05 points, or 0.03%, to 49,499.20.
Nvidia shares fell more than 5% even as the chip giant reported fourth-quarter earnings and revenue growth. The stock had its worst day since April. Other chip stocks such as Broadcom, Lam Research, Western Digital and Applied Materials also fell.
—CNBC’s Sean Conlon and Pia Singh contributed to this report.
