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Global Shares Fall on Tech Sector Losses, Recession Fears

Started by Epoch-Times-Bot, Oct 11, 2022, 07:45 AM

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Epoch-Times-Bot

Global Shares Fall on Tech Sector Losses, Recession Fears

TOKYO—Asian and European shares were mostly lower Tuesday as losses in the technology sector weighed on global benchmarks.
France’s CAC 40 dipped 0.6 percent to 5,807.12. Germany’s DAX lost 0.7 percent to 12,183.60. Britain’s FTSE 100 dropped 1.2 percent to 6,878.65. The future for the Dow industrials was down 0.7 percent at 29,059.00. The contract for the S&P 500 lost 0.8 percent to 3,597.00.
Taiwan dropped 4.4 percent after reopening from a holiday in the first trading session since the U.S. imposed new limits on exports of semiconductors and chip-making equipment to China. TMSC, the world's biggest chipmaker, plunged 8.3 percent.
Japan’s Nikkei 225 declined 2.6 percent to 26,401.25. South Korea’s Kospi lost 1.8 percent to 2,192.07. Both markets also were reopening after holidays on Monday....

Source: Global Shares Fall on Tech Sector Losses, Recession Fears

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