Nvidia's China Chip Sale, Fed Meeting: Asian Markets Mixed

Asian stock markets, except Tokyo, saw declines this week, with investors awaiting news from Chinas economic planning meeting. Nvidias shares surged after Trump allowed the sale of advanced chips to China, potentially boosting AI infrastructure. The Federal Reserve meeting tomorrow is also in focus, with expectations of a rate cut. In the US, the S&P 500, Dow, and Nasdaq all fell, with Netflix dropping and Confluent rising following IBMs acquisition plans.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.