Australian stocks are expected to slide in early trading on Wednesday, following a weaker performance on Wall Street. Nvidia’s disappointing earnings report, released after market hours, has sent shockwaves through global markets, dragging down US tech stocks. As one of the largest market movers, Nvidia’s struggles have raised concerns about the broader semiconductor sector. Analysts warn that this downturn could have a ripple effect on the ASX, especially in tech and growth stocks. Investors are advised to brace for potential volatility in the coming days.
(By Ziqi Qin)
(Ref：https://www.smh.com.au/business/markets/asx-set-to-slide-nvidia-weighs-on-wall-street-20250228-p5lfu5.html)