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semiconductorsJapanSouth Korea
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.48 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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The MSCI Asia Pacific Index fell 0.6%, with eight of its 11 subgroups down, breaking from a chip-led Wall Street rally. South Korea's Kospi dropped more than 2% and SK Hynix hit its lowest close since April, while data centre firm Elice plunged as much as 32% in its Seoul debut. Japan's Nikkei 225 futures fell 0.8% and Topix dropped 0.9%, while the Philadelphia Semiconductor Index had gained 1.6% on Monday, snapping an eight-day losing streak. The 10-year US Treasury yield was at 5.14% after rising seven basis points on Monday. China's central bank said its overnight reverse repo rate will replace the seven-day rate as the policy benchmark, while gold slipped 0.2% to about US$4,130 an ounce.
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- Asian shares are mixed , with Kospi up 3 % after US stocks rally on strong earnings
Asian shares were mixed on Wednesday, with Japanese and South Korean tech stocks rising after a Wall Street rally. Kospi was up 3.4% at midday at 5,733.82, while AI firm Elice rebounded to its 29.9% daily limit after a 32% drop on its debut Tuesday. Tokyo's Nikkei 225 rose 1.3% to 64,915.59 after Japan's September exports rose 16.7% and imports 18.9%, largely due to higher oil prices, nearly doubling its trade deficit. Hong Kong's Hang Seng fell 0.1% and the Shanghai Composite 0.3%, while Taiwan's Taiex rose 1.5% and the S&P/ASX 200 slipped 0.1%. In the U.S., the S&P 500 added 0.3% Tuesday on strong profits from Equifax, Hasbro and 3M, while General Motors sank 6.8% despite a bigger profit, and Brent rose 1.5% to $110.37 a barrel.
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