By The Associated Press
Publication Date: 2025-11-19 04:41:00
TOKYO (AP) — Asian shares retreated in cautious trading Wednesday ahead of an earnings report from Nvidia that is seen…
TOKYO (AP) — Asian shares retreated in cautious trading Wednesday ahead of an earnings report from Nvidia that is seen as a bellwether for the recent craze for artificial intelligence technology.
Japan’s benchmark Nikkei 225 was nearly unchanged at 48,724.17.
Hong Kong’s Hang Seng dropped 0.5% to 25,812.54, while the Shanghai Composite slipped just over 1 points to 3,939.29.
Australia’s S&P/ASX 200 shed 0.1% to 8,458.40, while South Korea’s Kospi shed 0.5% to 3,934.58.
Nvidia was due to report its earnings for the last quarter later in the day. A U.S. jobs report due out Thursday, after a hiatus in updates due to the U.S. government shutdown, is another factor weighing on market sentiment.
On Tuesday, share prices fell worldwide, with Nvidia leading Wall Street lower with a drop of 2.8%. That brought the chip maker’s loss for the month so far to more than 10%, a steep enough fall to be deemed a correction.
The S&P 500 declined 0.8% to 6,617.32, retreating further from its all-time high set late last month. The Dow Jones Industrial Average lost 1.1% to 46,091.74, while the Nasdaq composite sank 1.2% to 22,432.85.
Nvidia’s performance matters disproportionately to savers’ 401(k) accounts because…
