{"id":115939,"title":"What happened overnight – Thursday 8th August 2024","publisher":"Share Talk","author":"sharetalk","published":"2024-08-08T07:07:54+00:00","modified":"2024-08-08T07:07:54+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-thursday-8th-august-2024/","markdown_url":"https://www.share-talk.com/what-happened-overnight-thursday-8th-august-2024.md","json_url":"https://www.share-talk.com/what-happened-overnight-thursday-8th-august-2024.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["Asian","Australia","china","Dow Jones Industrial Average","factory data","Hang Seng","Hong kong","Jakarta","Japan","Jerome Powell","Korean","Manila","markets","NASDAQ","Nasdaq Composite index","Nikkei 225 index","S&P 500","Seoul","shanghai","Singapore","South Korea","Stock Markets","Sydney","Taipei","Taiwan","Tokyo","US Federal Reserve","US stocks","US Treasury bonds","Wall Street","Wellington"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/08/WORLD-750x406-1.webp?fit=750%2C406&ssl=1","format":"news","language":"en-GB","content":"Asian shares showed mixed results following declines on Wall Street, as recent market volatility continued to unsettle investors.\n\nJapan’s benchmark Nikkei 225 closed down 1% at 34,727.86, while Australia’s S&P/ASX 200 shed 0.4% to 7,673.10. South Korea’s Kospi dropped 0.7% to 2,551.36.\n\nIn contrast, Hong Kong’s Hang Seng rose 0.8% to 17,018.62, and the Shanghai Composite gained 0.3% to 2,877.28.\n\nTaiwan’s Taiex fell 1.9%, with Taiwan Semiconductor Manufacturing Co. losing 2.5%, mirroring losses in the tech sector on Wall Street and elsewhere. Other semiconductor equipment makers also experienced declines, with Advantest dropping 3.2% and Disco sinking 4%.\n\nHowever, Lasertec’s stock surged 22.6% after reporting a 28% increase in net profit for the fiscal year ending June 30.\n\nOn Wall Street, stocks ended lower on Wednesday as a brief rally fizzled amid persistent unease following recent market turbulence.\n\nThe S&P 500 fell 40.53 points to 5,199.50, the Dow Jones Industrial Average dropped 234.21 points to 38,763.45, and the Nasdaq Composite declined 171.05 points to 16,195.81."}