Global Markets Mixed as TSMC Earnings Boost Tech Stocks Amid Geopolitical and Economic Factors
1 hour agoBusiness
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11 SourcesTaipei, Taiwan
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Global Markets Mixed as TSMC Earnings Boost Tech Stocks Amid Geopolitical and Economic Factors

U.S. and Asian stock markets showed mixed but generally positive trends amid strong earnings from Taiwan Semiconductor Manufacturing Company (TSMC), which boosted optimism around artificial intelligence and semiconductor sectors. The Dow and S&P 500 experienced slight declines or modest gains, while the Nasdaq and tech shares, including Nvidia and Broadcom, performed well. European shares declined slightly. A U.S.-Taiwan trade deal and easing geopolitical tensions supported market confidence, though concerns about valuations and market breadth persisted. Oil prices rebounded after recent drops, and gold and silver prices fell.

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