Asian stocks are not good! Japanese stocks plunged more than 800 points in early trading, and Korean stocks plunged

First published: 10/08 10:05

Update time:10/08 10:54

Wall Street stocks closed lower on Wednesday (7th), dragging down Asian stocks. (Ouxin file photo)

[Financial Channel/Comprehensive Report] Wall Street stocks closed lower on Wednesday (7th), which also dragged down Asian stocks. Taiwan stocks opened lower today, opening at 49783.06 points, a decrease of 23.31 points. Japanese stocks also opened at 69840.64 points, a decrease of 195.07 points, falling below the 70,000 point mark. At one time, they fell more than 800 points during the session, while Korean stocks turned red and black.

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The rise in U.S. Treasury bond yields triggered market concerns about inflation and increasing debt. The Dow Jones Index fell 341.41 points, or 0.66%, to close at 51,179.87 points; the Nasdaq Index fell 61.20 points, or 0.22%, to close at 27,538.69 points; the S&P 500 The index fell 17.16 points or 0.22% to close at 7801.77 points; the Philadelphia Semiconductor Index fell 151.67 points or 1.15% to close at 13066.15 points.

For Japanese stocks, today's Nikkei Index opened at 69840.64 points, a drop of 195.07 points, and then the decline expanded. It once fell 840.24 points to 69195.47 points. At the end of the morning, the index fell 662.31 points, or 0.95%, to 69373.40 points.

As for the Korean stock market, the South Korea Composite Index opened at 6808.68 points today, an increase of 4.78 points from the previous trading day. At around 10:52 a.m. Taipei time, it fell 0.96% or 65.61 points to 6738.29 points.

Taiwan stocks opened lower today, opening at 49783.06 points, a drop of 23.31 points. The decline continued to expand, and once fell 616.6 points. At around 9:53 Taipei time, the index reported 49506.54 points, down 299.83 points or 0.60%.

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