Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles<\/p>\n
George Pachantouris | Moment | Getty Images<\/p>\n
Asia-Pacific markets mostly fell Wednesday, tracking Wall Street losses after a sell-off in U.S. technology stocks weighed on sentiment, while gold extended gains for a second day.<\/p>\n
Japan’s Nikkei 225<\/a> lost 1.2%, dragged by tech stocks. Among the biggest losers on the index were chip equipment maker Lasertec<\/a>, which plunged 7%, and game maker Konami Group<\/a>, which lost 5.8%. Japanese semiconductor equipment powerhouse Tokyo Electron<\/a> also declined 3.2%.<\/p>\n The Topix declined 0.39%. <\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a> reversed course and rose 0.45%.<\/p>\n South Korea’s Kospi advanced 0.4%, while the small-cap Kosdaq added 1.01%.<\/p>\n Nintendo shares dropped more than 9%<\/a>, despite maintaining its full-year sales forecast for the Switch 2 console, as investors assessed<\/a> several potential headwinds for the gaming giant, including whether the company will be impacted by an unprecedented surge in memory prices \u2014 a key component in its consoles.<\/p>\n Hong Kong Hang Seng index<\/a> declined 0.1%, while the CSI 300 fell 0.28%.<\/p>\n Spot gold prices added more than 1% to $5,002 per ounce, while spot silver added 0.69% to $85.70 per ounce.<\/p>\n Overnight in the U.S., the\u00a0S&P 500<\/a>\u00a0pulled back as investors dumped technology stocks and moved into shares more broadly linked to improvements in the economy.<\/p>\n The broad market index fell 0.84% and closed at 6,917.81. The\u00a0Dow Jones Industrial Average<\/a>\u00a0dipped 166.67 points, or 0.34%, to end at 49,240.99. Earlier, the 30-stock index rose as much as 0.5% to touch 49,653.13, a new record. The\u00a0Nasdaq Composite<\/a>\u00a0shed 1.43%, settling at 23,255.19.<\/p>\n Most tech shares were in the red, including most of the “Magnificent Seven” names that have reported earnings so far \u2014\u00a0Microsoft<\/a>\u00a0and\u00a0Meta Platforms<\/a>\u00a0were both down more than 2%, while\u00a0Apple<\/a>\u00a0was marginally lower.\u00a0Nvidia<\/a>\u00a0also slumped, with the artificial intelligence bellwether’s nearly 3% drop adding to its losses for the year. Meanwhile, software stocks continued their 2026 tumble, with shares of ServiceNow<\/a> and\u00a0Salesforce<\/a>\u00a0falling by nearly 7% each.<\/p>\n \u2014 CNBC’s Arjun Kharpal, Sean Conlon and Pia Singh contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment |…\n","protected":false},"author":3,"featured_media":565050,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4960,4740,64,81,960,69,144,7994,1567,170,246378,93184,3747,14229,19720,143,7997,147,15242,145,7996,6941,51320,15243,77075,67,132,68],"class_list":{"0":"post-565049","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-apple-inc","9":"tag-australia","10":"tag-business","11":"tag-business-news","12":"tag-chicago","13":"tag-donald-trump","14":"tag-dow-jones-industrial-average","15":"tag-hang-seng-index","16":"tag-india","17":"tag-japan","18":"tag-konami-group-corp","19":"tag-lasertec-corp","20":"tag-meta-platforms-inc","21":"tag-microsoft-corp","22":"tag-narendra-modi","23":"tag-nasdaq-composite","24":"tag-nikkei-225-index","25":"tag-nvidia-corp","26":"tag-osaka","27":"tag-sp-500-index","28":"tag-sp-asx-200","29":"tag-salesforce-inc","30":"tag-servicenow-inc","31":"tag-south-korea","32":"tag-tokyo-electron-device-ltd","33":"tag-united-states","34":"tag-unitedstates","35":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116010953167691229","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/565049","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=565049"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/565049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/565050"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=565049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=565049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=565049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}