negative
Asian markets wobble as Nvidia Corporation earnings loom and rate-cut hopes fade
Asian equities were muted as investors approach Nvidia’s earnings report amid concerns over stretched valuations in the AI sector. The S&P 500 and its tech-heavy components have traded lower, with the Nasdaq down over 1% in recent sessions.
Rate-cut probability by the Federal Reserve for December has been pushed down to around 42%, further dampening risk asset sentiment. Commodity and yield-linked sectors also remain under pressure, suggesting markets may pause ahead of clearer data.
Tags:
- markets
- asia
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
negative
Asian markets wobble as Nvidia Corporation earnings loom and rate-cut hopes fade
Asian equities were muted as investors approach Nvidia’s earnings report amid concerns over stretched valuations in the AI sector. The S&P 500 and its tech-heavy components have traded lower, with the Nasdaq down over 1% in recent sessions.
Rate-cut probability by the Federal Reserve for December has been pushed down to around 42%, further dampening risk asset sentiment. Commodity and yield-linked sectors also remain under pressure, suggesting markets may pause ahead of clearer data.
Tags:
- markets
- asia
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
73 words
Markets in Asia stay cautious ahead of Nvidia earnings and as rate-cut odds weaken.
Asian equities were muted as investors approach Nvidia’s earnings report amid concerns over stretched valuations in the AI sector. The S&P 500 and its tech-heavy components have traded lower, with the Nasdaq down over 1% in recent sessions.
Rate-cut probability by the Federal Reserve for December has been pushed down to around 42%, further dampening risk asset sentiment. Commodity and yield-linked sectors also remain under pressure, suggesting markets may pause ahead of clearer data.
Asian equities were muted as investors approach Nvidia’s earnings report amid concerns over stretched valuations in the AI sector. The S&P 500 and its tech-heavy components have traded lower, with the Nasdaq down over 1% in recent sessions.
Rate-cut probability by the Federal Reserve for December has been pushed down to around 42%, further dampening risk asset sentiment. Commodity and yield-linked sectors also remain under pressure, suggesting markets may pause ahead of clearer data.
Tags:
- markets
- asia
- markets
- asia
- tech
- economy
- stocks