Stock market today: Asian shares are mixed after Big Tech losses pull Wall Street lower
Thursday, 28 November 2024 () Shares are mixed in Asia after losses for big technology stocks pulled major indexes lower on Wall Street. Tokyo advanced while markets in China declined. South Korea's central bank cut its benchmark interest rate to relieve pressure on the economy. On Wednesday, the S&P 500 fell 0.4% and the Dow Jones Industrial Average slipped 0.3%. The Nasdaq composite lost 0.6%. Losses for Nvidia, Microsoft and Broadcom were the biggest weights on the market. Dell sank 12.2% after reporting revenue that fell shy of forecasts, and HP dropped 11.4% after giving a weaker-than-expected outlook. U.S. financial markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday.
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