US Stocks Trade Lower Amid Tech Sell-Off, Asian Indices Under Pressure; Weak Start On D-Street?

Описание: U.S. stock market ended sharply lower on Monday, driven by technology stocks, ahead of quarterly earnings from Nvidia and a long-delayed US jobs report this week.

The Dow Jones Industrial Average declined 557.24 points, or 1.18%, to 46,590.24, while the S&P 500 dropped 61.70 points, or 0.92%, to 6,672.41. The Nasdaq Composite closed 192.51 points, or 0.84% lower, at 22,708.08.

Asian markets traded lower today, following overnight slide on Wall Street. Japan’s Nikkei 225 plunged 2.28%, while the Topix declined 0.6%. South Korea’s Kospi fell 1.63% while the Kosdaq slid 0.58%. Hong Kong’s Hang Seng index futures indicated a lower opening.

Meanwhile, Gift Nifty was trading around 26,001 level, a discount of nearly 59 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.

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