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Global shares retreat in cautious trading
ahead of Nvidia's profit report
[November 19, 2025]
By YURI KAGEYAMA
TOKYO (AP)
— Global shares retreated, although moderately, in cautious trading
Wednesday ahead of an earnings report from Nvidia that is seen as a
bellwether for the recent craze for artificial intelligence technology.
France's CAC 40 dipped 0.4% in early trading to 7,935.21. Germany's DAX
fell 0.2% to 23,136.63. Britain's FTSE 100 inched down less than 0.1% to
9,546.90. U.S. shares were set to be little changed with Dow futures
unchanged at 46,184.00. S&P 500 futures gained 0.1% to 6,647.75. |
A currency trader reacts near a screen showing the Korea Composite Stock
Price Index (KOSPI) at the foreign exchange dealing room of the Hana
Bank headquarters in Seoul, South Korea, Wednesday, Nov. 19, 2025. (AP
Photo/Ahn Young-joon) |
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In
Asia, Japan's benchmark Nikkei 225 slipped 0.3% to finish at
48,537.70. Hong Kong’s Hang Seng dropped 0.4% to 25,830.65,
while the Shanghai Composite rose 0.2% to 3,946.74.
Australia's S&P/ASX 200 shed 0.3% to 8,447.90, while South
Korea's Kospi lost 0.6% to 3,929.51. Taiwan's Taiex lost 0.7%.
Nvidia was due to report its earnings for the last quarter later
in the day. The most influential stock on Wall Street, Nvidia
steers the direction of the S&P 500 some days. Fervent demand
for its artificial-intelligence chips has helped it briefly top
$5 trillion in total value.
Traders had earlier expected the U.S. Federal Reserve will cut
its main interest rate at its next meeting in December, but now
they aren't as sure. The Fed has cut rates twice already this
year in hopes of shoring up a slowing job market. But lower
interest rates can make inflation worse, and inflation has
stubbornly remained above the Fed’s 2% target.
In other dealings early Wednesday, the U.S. dollar rose to
155.65 Japanese yen from 155.51 yen. The euro fell to $1.1577
from $1.1581.
In energy trading, benchmark U.S. crude lost 51 cents to $60.23
a barrel. Brent crude, the international standard, fell 56 cents
to $64.33 per barrel.
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