Skip to Content
AP National Business

Asian shares mostly higher after tech-led decline on Wall St

KVIA
By
Published 10:43 PM

By ELAINE KURTENBACH
AP Business Writer

BANGKOK (AP) — Asian markets are mostly higher after more declines in big technology stocks pulled major indexes lower on Wall Street. Tokyo and Taiwan declined but other regional markets advanced. On Thursday, the S&P 500 wobbled between gains and losses for much of the day before shedding 0.1%. Weakness in big tech companies like Apple was the main culprit. The Nasdaq also fell 0.1% and the Dow Jones Industrial Average fell 0.5%. Small-company stocks bucked the trend and closed higher. Bond yields continued to rise a day after the Federal Reserve indicated it was ready to raise interest rates to fight off inflation.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content