Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on June 23, 2026. <\/p>\n
Jade Gao | AFP | Getty Images<\/p>\n
Asia-Pacific markets were broadly higher in afternoon trade Friday, reversing earlier losses weighed by investors rotating out of technology stocks. <\/p>\n
Japan’s benchmark Nikkei 225<\/a> extended early gains, rising 1.36%, while the Topix was up 1.17%. South Korea’s Kospi advanced 4.65%, and the Kosdaq Index declined 1.68%.<\/p>\n Australia’s S&P\/ASX 200<\/a> added 1.39%. Hong Kong’s\u00a0Hang Seng Index<\/a>\u00a0gained 1.57%, while the mainland’s CSI 300 was up 1.15%. Taiwan’s benchmark Taiex inched 0.2% higher.<\/p>\n U.S. markets are closed for the Independence Day holiday.<\/p>\n Overnight in the U.S., stocks ended mixed with the Dow Jones Industrial Average<\/a> closing at a record high after a softer-than-expected June jobs report fueled hopes for Federal Reserve rate cuts. Meanwhile, weakness in semiconductor stocks dragged the Nasdaq<\/a> lower.\u00a0<\/p>\n The 30-stock average added 594.83 points, or 1.14%, for a record close of 52,900.07. The index hit a new all-time intraday high of 52,903.85. The S&P 500<\/a> rose less than 1 point to end at 7,483.24, while the Nasdaq dropped 0.8% to 25,832.67.<\/p>\n Semiconductors fell for a second day in a row, weighing on the latter two benchmarks. The VanEck Semiconductor (SMH) ETF<\/a> dropped 4.5%, led by a 13.6% decline in Teradyne<\/a> and an 11.5% slide for KLA<\/a>. Nvidia<\/a> shares also pulled back 1.4%, while Micron<\/a> shares lost 5.5%.<\/p>\n \u2014CNBC’s Justina Lee contributed to the story. <\/p>\n","protected":false},"excerpt":{"rendered":"Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in…\n","protected":false},"author":3,"featured_media":909327,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[6],"tags":[8000,64,81,960,144,7994,49928,263659,170,25806,7070,143,7997,147,7996,15243,30723,245963,67,132,68],"class_list":["post-909326","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asia-economy","tag-business","tag-business-news","tag-chicago","tag-dow-jones-industrial-average","tag-hang-seng-index","tag-ishares-msci-japan-etf","tag-ishares-msci-south-korea-etf","tag-japan","tag-kla-corp","tag-micron-technology-inc","tag-nasdaq-composite","tag-nikkei-225-index","tag-nvidia-corp","tag-sp-asx-200","tag-south-korea","tag-taiwan","tag-teradyne-inc","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116854889431935080","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/909326","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=909326"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/909326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/909327"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=909326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=909326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=909326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}