All articles tagged with #tech shares
Most Asian stocks declined due to weak tech shares influenced by cautious investor sentiment following weak guidance from US AI-related companies and disappointing Chinese economic data, with concerns over China's property market and slowing growth adding to the cautious outlook.
Global stock markets rose, led by tech shares and positive developments in the chip industry, despite the US government shutdown and economic uncertainties, with markets in Asia, Europe, and the US reaching record levels or gains.
Stock markets rose on Thursday, driven by a major Nvidia-Intel deal and the Federal Reserve's first interest rate cut of 2025, with tech shares leading gains and all three major US indices reaching new records.
The Dow Jones Industrial Average had its biggest one-day percentage gain since January 6, with shares of Apple surging more than 4% after upbeat results and US jobs data pointing to a resilient labor market. Regional bank shares rebounded from declines tied to the collapse of First Republic Bank. The US Labor Department report showed job growth accelerated in April and wage gains increased solidly, suggesting the labor market has stayed strong despite recent interest rate hikes from the Federal Reserve.
Tech shares were the hot play this week for investors, but they should be cautious of the Federal Reserve's potential interest rate hikes. The Fed's actions could impact the market and cause volatility, making it important for investors to consider their strategies carefully.