---
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"
date: 2024-08-08
canonical: "https://www.share-talk.com/what-happened-overnight-thursday-8th-august-2024/"
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"]
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"
---

# What happened overnight – Thursday 8th August 2024

**Published:** August 8, 2024
**Author:** sharetalk
**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)

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Asian shares showed mixed results following declines on Wall Street, as recent market volatility continued to unsettle investors.

Japan’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.

In contrast, Hong Kong’s Hang Seng rose 0.8% to 17,018.62, and the Shanghai Composite gained 0.3% to 2,877.28.

Taiwan’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%.

However, Lasertec’s stock surged 22.6% after reporting a 28% increase in net profit for the fiscal year ending June 30.

On Wall Street, stocks ended lower on Wednesday as a brief rally fizzled amid persistent unease following recent market turbulence.

The 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.

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