Tech Weakness Drags Wall Street, Europe Finds Support

Tiger V
2025-08-20

US Markets – Tech-Driven Selloff

US equities closed lower as weakness in Nvidia and a broad pullback in technology stocks pressured sentiment. The Dow $DJIA(.DJI)$  ended flat, while the S&P 500 $S&P 500(.SPX)$  fell 0.5% and the Nasdaq $NASDAQ(.IXIC)$  tumbled 1.4%, highlighting investors’ cautious stance on richly valued tech names after their strong run earlier this year.


European Markets – Lift from Peace Hopes

European indices moved higher as optimism surrounding Ukraine peace efforts boosted investor sentiment. The DAX gained 0.4%, the CAC 40 jumped 1.2%, and the FTSE 100 edged up 0.3%. Energy and financial sectors provided additional support, as Europe cautiously welcomed geopolitical developments.


Asian Markets – Hesitant on Global Cues

Asian markets were mixed, reflecting uncertainty following Wall Street’s weak close. Japan’s Nikkei slipped 0.3% and Hong Kong’s Hang Seng $HSI(HSI)$  fell 0.2%, while China’s Shanghai Composite was unchanged. Investors weighed Trump’s comments on “very good” Ukraine peace talks, balancing geopolitical optimism with subdued regional momentum.


Outlook and Insights

Market sentiment remains divided: the US is facing tech-led consolidation, Europe is supported by geopolitical optimism, and Asia is adopting a wait-and-see approach. Near-term, volatility may persist as investors balance corporate earnings, geopolitical risks, and global interest rate expectations. A more durable rally will likely depend on clarity from the Federal Reserve and progress on geopolitical stability.

# 💰Stocks to watch today?(23 Jan）

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Comment（2）

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  • Porter Harry
    ·2025-08-20
    Nice sharing! It’s time to allocate diversified positions, and it’s a good strategy in the background of the Fed cut.
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  • henshengqi
    ·2025-08-20
    Volatile times
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