Pedestrians are reflected in a window as electronic boards display stock information at the Australian Securities Exchange, operated by ASX Ltd. on Aug. 6, 2024 in Sydney, Australia.
Lisa Maree Williams | Getty Images News | Getty Images
Asia Pacific markets mostly fell Tuesday, breaking ranks from Wall Street’s tech-fuelled rally.
The rally followed Amazon shares rising 4% on a $38 billion deal with OpenAI, a move that will use hundreds of thousands of Nvidia’s graphics processing units. Nvidia also gained about 2% after it secured export licenses to ship its chips to the United Arab Emirates.
Australia’s S&P/ASX 200 fell 0.36% as investors awaited the Reserve Bank of Australia’s policy decision.
Japan’s Nikkei 225 was 0.39% lower, and the Topix declined 0.23%. South Korea’s Kospi fell 0.32% while the small-cap Kosdaq climbed 0.24%%.
Futures for Hong Kong’s Hang Seng index pointed to a lower open, at 26,134, compared with the HSI’s last close of 26,158.36.
Overnight in the U.S., the tech-heavy Nasdaq advanced 0.46%, while the S&P 500 traded up 0.17%. The Dow Jones Industrial Average lagged, falling 0.48%.
— CNBC’s Sean Conlon and Fred Imbert contributed to this report.
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