Asia-Pacific market set to mostly fall as tech sell-off continues [CNBC]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: CNBC
Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to mostly fall Thursday as the tech sell-off on Wall Street gained momentum, with cryptocurrencies also falling. Notably, Advanced Micro Devices plunged 17% after its first-quarter forecast underwhelmed some analysts. Broadcom and Micron Technology also suffered major losses, falling about down 3.8%, while the latter fell 9.5%. Bitcoin declined more than 3%, hovering just above the $73,000 level, after falling below that mark earlier. In Asia, investors will keep an eye on tech and tech-related stocks in the region to watch for any spillover. Australia's S&P/ASX 200 was down 0.13%, dragged by energy stocks. Hong Kong's Hang Seng index futures were at 26,534, lower than the HSI's last close of 26,847.32. However, Japan's Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at 54,450 and its counterpart in Osaka at 54,380, compared to the previous close of 54,2
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