Asian stocks decline as traders retreat from tech
The Economic Times·2025-12-18 00:52
Shares in Japan and Australia dropped along with equity futures for Hong Kong. The tech-heavy Nasdaq 100 declined 1.9% Wednesday with Nvidia Corp. slipping 3.8% to its lowest since September. The S&P 500 slid 1.2% to levels not seen in three weeks, breaching its 50-day moving average.Bitcoin was caught in the souring sentiment, falling more than 2% Wednesday, before retracing some of this week’s losses at Thursday’s open. US futures were fractionally higher after Micron Technology Inc., the largest US make ...