BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Global Stock Market Jitters as U.S. Gridlock Meets Asia’s Tech Surge
Global Stock Market Jitters as U.S. Gridlock Meets Asia’s Tech Surge
13
3
BTCCSquare news:
U.S. equities retreated Thursday as political gridlock overshadowed corporate earnings resilience. The S&P 500 and Nasdaq snapped their winning streaks, while the Dow shed 240 points. Delta Air Lines and PepsiCo beat estimates, but Nvidia's AI demand commentary proved insufficient to offset Washington's ninth-day shutdown impasse.
Asian markets largely echoed Wall Street's caution. Japan's Nikkei 225 and Hong Kong's Hang Seng declined in lockstep with U.S. futures, though South Korea's Kospi rallied 1% on semiconductor strength. The Shanghai Composite's modest drop reflected regional uncertainty about America's fiscal standoff and its tech sector Ripple effects.
By:
