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Technology

Asian shares are mixed as tech losses offset broader gains on Wall Street

Katherine Langford
Editor-in-Chief · Tuesday, November 3, 2026 at 3:51 AM · 1 min read
Asian shares are mixed as tech losses offset broader gains on Wall Street — Wellington Technology news

HONG KONG (AP) — Asian stocks were mixed Tuesday as markets like South Korea and Taiwan that are heavily weighted toward technology shares declined following a sell-off on Wall Street.U.S. futures edged lower and oil prices moved higher.South Korea’s benchmark Kospi fell 2.5% to 5,712.57. Memory chipmaker SK Hynix dropped 3.6% and Samsung Electronics declined 2.9%, giving up Monday's gains.Markets in Tokyo were closed for a holiday.In Hong Kong, the Hang Seng gained 0.3% to 23,469.64.The Shanghai Composite index retreated 0.7% to 3,614.17. Gains from market supporting measures announced Monday were short-lived.Australia’s S&P/ASX 200 rose 0.2% to 8,871.80. Investors are awaiting a central bank decision on interest rates. The Reserve Bank is expected to hike its benchmark rate for a fifth time this year.Taiwan’s Taiex slid 0.9%.On Monday, the S&P 500 sank 0.5% after erasing a 1.1% gain earlier in the day. The Dow Jones Industrial Average rose 0.4%, while the Nasdaq composite fell 1.1%.T

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