Asian markets track Wall Street losses on worries over tech rally
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Asian markets fell on October 16, 2024, following Wall Street's tech-led sell-off; Dow and S&P 500 dropped from record highs; ASML cut 2025 guidance, raising concerns about AI tech rally sustainability; Nvidia down over 4%, AMD down over 5%, Intel down over 3%; US considering cap on advanced AI chip exports; Japan's Nikkei 225 down over 2%, Hong Kong and Shanghai also fell; Beijing's housing minister to hold briefing on October 17, 2024, regarding property sector support; oil prices slightly up after recent losses.
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https://www.legit.ng/business-economy/economy/1619563-asian-markets-track-wall-street-losses-worries-tech-rally/
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