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via finance.yahoo.comMarkets

Asian shares mostly rise after US midterms, but Kospi falls on chipmaker selling

FROM THE WIRE · FINANCE.YAHOO.COM

Asian shares mostly gained on Thursday after U.S. stocks rallied following the midterm election, with the Dow Jones Industrial Average jumping more than 3% after President Donald Trump's party lost its sole control of Washington. The price for a barrel of Brent crude oil was…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralHeavy selling in AI-related chip stocks in Asia contrasts with the Wall Street rally, a sector-level market-moving divergence.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Dow Jones Industrial Average jumped more than 3% after the midterm election.
  2. 02South Korea's Kospi briefly sank more than 4% on heavy selling of chipmakers.
  3. 03Samsung Electronics fell 5.7% while SK Hynix lost 7.4%.
  4. 04Brent crude traded near $94, around its lowest level in two months.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Samsung Electronics Co., Ltd.005930.KOStock203,250.00 KRW-1.57%today -6.77%Negative Nikkei 225INDEX:N225Index61,263.67-1.05%today -1.49%Negative KOSPIINDEX:KS11Index5,435.77-0.63%today -4.36%Negative Dow Jones Industrial AverageINDEX:DJIIndex53,356.12Market closedtoday +3.03%Positive Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity93.76 USD-0.30%today -0.91%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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