{"id":387370,"date":"2025-11-18T10:41:40","date_gmt":"2025-11-18T10:41:40","guid":{"rendered":"https:\/\/www.europesays.com\/us\/387370\/"},"modified":"2025-11-18T10:41:40","modified_gmt":"2025-11-18T10:41:40","slug":"world-shares-sink-tracking-a-tech-led-sell-off-on-wall-street","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/387370\/","title":{"rendered":"World shares sink, tracking a tech-led sell-off on Wall Street"},"content":{"rendered":"<p><img alt=\"People walk past an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo, Tuesday, Nov. 18, 2025. (Kyodo News via AP)\" loading=\"eager\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>People walk past an electronic stock board showing Japan&#8217;s Nikkei index at a securities firm in Tokyo, Tuesday, Nov. 18, 2025. (Kyodo News via AP)<\/p>\n<p>\u00ef\u2013\u00e3\u00c0\u00eb\u00c2\u00e3P\/AP<img alt=\"A board above the trading floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average Friday, Nov. 14, 2025.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>A board above the trading floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average Friday, Nov. 14, 2025.<\/p>\n<p>Richard Drew\/AP<img alt=\"A currency trader watches monitors at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 14, 2025.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>A currency trader watches monitors at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 14, 2025.<\/p>\n<p>Ahn Young-joon\/AP<img alt=\"Michael Pistillo works on the floor at the New York Stock Exchange in New York, Tuesday, Nov. 11, 2025.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>Michael Pistillo works on the floor at the New York Stock Exchange in New York, Tuesday, Nov. 11, 2025.<\/p>\n<p>Seth Wenig\/AP<\/p>\n<p>BANGKOK (AP) \u2014 Shares in Europe and Asia tumbled on Tuesday, with benchmarks in Tokyo and Seoul sinking more than 3%, after Nvidia and other artificial-intelligence -related shares pulled U.S. stocks lower.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn-channels-pixel.ex.co\/events\/0012000001fxZm9AAE?integrationType=DEFAULT&amp;template=design%2Farticle%2Fplatypus_two_column.tpl\" alt=\"\" class=\"x1px y1px vh abs\" aria-hidden=\"true\" width=\"1\" height=\"1\"\/><\/p>\n<p>The futures for the S&amp;P 500 and the Dow Jones Industrial Average were down 0.3%.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>Computer chip giant Nvidia, at the center of the craze over AI, is due to report its earnings on Wednesday. Worries that stock prices of such companies have shot too high have roiled world markets recently, with big swings in places that rely heavily on exports of computer chips, such as South Korea and Taiwan.<\/p>\n<p>Also looming over the markets is the expected release Thursday of U.S. employment data that was delayed by the prolonged government shutdown.<\/p>\n<p>Germany&#8217;s DAX fell 1.3% to 23,288.28, while the CAC 40 in Paris lost 1.4% to 8,010.60. Britain&#8217;s FTSE 100 declined 1% to 9,581.96.<\/p>\n<p>Asian markets felt a chill after the yield on 30-year Japanese government bonds surged to 3.31%, reflecting rising risks as Prime Minister Sanae Takaichi prepares to boost government spending and push back the timetable for bringing down Japan&#8217;s huge national debt.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>The yen was trading above 155 to the U.S. dollar, near its highest level since February. On Monday, the Japanese currency fell to its lowest level against the euro since 1999, when the unified European currency was launched.<\/p>\n<p>Early Tuesday, the dollar fell to 155.20 Japanese yen from 155.26 yen. The euro rose to $1.1592 from $1.1593.<\/p>\n<p>Tokyo&#8217;s Nikkei 225 dropped 3.2% to 48,702.98, with selling of tech shares leading the decline. Chip maker Tokyo Electron shed 5.5%, while equipment maker Advantest dropped 3.7%.<\/p>\n<p>In Seoul, the Kospi fell 3.3% to 3,953.62. Samsung Electronics dropped 2.8%, while chip maker SK Hynix shed 5.9%.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>In Taiwan, the Taiex fell 2.5% as TSMC, the world&#8217;s largest contract chip manufacturer, declined 2.8%.<\/p>\n<p>Chinese markets were not immune from heavy selling.<\/p>\n<p>Hong Kong&#8217;s Hang Seng declined 1.7% to 25,930.03, while the Shanghai Composite index slipped 0.8% to 3,939.81.<\/p>\n<p>In Australia, the S&amp;P\/ASX 200 gave up 1.9% to 8,469.10.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>On Monday, the S&amp;P 500 fell 0.9%, pulling further from its all-time high  set late last month. The Dow industrials dropped 1.2% and the Nasdaq composite sank 0.8%.<\/p>\n<p>Nvidia dropped 1.8%, though it is still up nearly 40% this year. Losses for other AI winners included a 6.4% slide for Super Micro Computer.<\/p>\n<p>Other areas of the market that had been high-momentum winners also sank. Bitcoin extended its decline, dragging down Coinbase Global by 7.1% and Robinhood Markets by 5.3%. Early Tuesday, it was down 1% at $91,100.<\/p>\n<p>Critics have been warning  that the U.S. stock market could be primed for a drop  because of how high prices have shot since April, leaving them looking too expensive.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>Another source of potential disappointment for Wall Street is what the Federal Reserve  does with interest rates. The expectation had been that the Fed would keep cutting interest rates in hopes of shoring up the slowing job market.<\/p>\n<p>But the downside of lower interest rates is that they can make inflation worse, and inflation has stubbornly remained  above the Fed\u2019s 2% target.<\/p>\n<p>Fed officials  have also pointed to the U.S. government\u2019s shutdown, which delayed the release of updates on the job market and other signals  about the economy. With less information and less certainty about how things are going, some Fed officials have suggested it may be better to wait in December to get more clarity.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>A strong jobs report on Thursday would likely stay the Fed\u2019s hand on rate cuts, while figures that are very weak would raise worries about the economy.<\/p>\n<p>In other dealings early Tuesday, U.S. benchmark crude oil lost 19 cents to $59.72 per barrel. Brent crude, the international standard, gave up 21 cents to $63.99 per barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"People walk past an electronic stock board showing Japan&#8217;s Nikkei index at a securities firm in Tokyo, Tuesday,&hellip;\n","protected":false},"author":3,"featured_media":387371,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,405,403,5226,5225,5228,5227,184754,184755,184749,184750,184751,184752,184753,26057,15243,184748,30723,10855,67,586,132,5230,68,2969],"class_list":{"0":"post-387370","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-new-york","10":"tag-new-york-city","11":"tag-newyork","12":"tag-newyorkcity","13":"tag-ny","14":"tag-nyc","15":"tag-package-100024-ap-online","16":"tag-package-100373-mc-complete-state-national","17":"tag-product-30597-ap-business-news-f-wire","18":"tag-product-30598-ap-national-news-report-a-wire","19":"tag-product-31995-ap-online-general-financial-business-news","20":"tag-product-31998-ap-online-national-news","21":"tag-product-32003-ap-online-stock-market-reports","22":"tag-seoul","23":"tag-south-korea","24":"tag-stock-markets-nvidia-rates-ai-trump","25":"tag-taiwan","26":"tag-tokyo","27":"tag-united-states","28":"tag-united-states-of-america","29":"tag-unitedstates","30":"tag-unitedstatesofamerica","31":"tag-us","32":"tag-usa"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/387370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=387370"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/387370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/387371"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=387370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=387370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=387370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}