Chips Rally Fades as Asia Markets Slip Ahead of Trump-Xi Talks
TL;DR
Asian stock markets dipped as a rally in chipmakers cooled amid doubts over U.S. sales to China, with attention on more Trump-Xi talks in Beijing. China steadied near multi-year highs while South Korea’s KOSPI surged lower led by chipmakers, Japan’s Nikkei and Hong Kong’s Hang Seng fell, and Australia was flat as India rose modestly; traders await further details from the summit and potential chip-export-control developments.
- Asia stocks drop as chips rally cools; China steadies before more Trump-Xi talks Investing.com
- South Korea’s Kospi retreats from 8,000 milestone as Trump-Xi talks enter second day CNBC
- This bearish ‘key reversal’ chart pattern could be why chip stocks suffered a rare selloff MarketWatch
- The Speed of Korea's Record Rally Defies Brewing Jitters Bloomberg.com
- Asian Stocks Are Lower After South Korea's Kospi Hits Records, as Trump Wraps up Beijing Trip U.S. News & World Report
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