Global Shares Mostly Slip Despite Nvidia’s Solid Earnings

Tokyo: Global shares were mostly lower on Thursday as markets digested a strong profit report from US chipmaker Nvidia, which again topped analysts’ expectations. But technology shares in Tokyo declined as they had already risen earlier in anticipation. In after-hours trading, Nvidia’s shares lost 2.5%. France’s CAC 40 lost nearly 0.2% in early trading to 7,186.09, while Germany’s DAX rose nearly 0.2% to 19,030.65. Britain’s FTSE 100 added 0.2% to 8,104.43. US shares were set to drift lower with Dow futures falling less than 0.1% to 43,502.00. S&P 500 futures fell nearly 0.3% to 5,922.75.

In Asia, Japan’s benchmark Nikkei 225 shed 0.9% to finish at 38,026.17, as shares in semiconductor equipment maker Advantest Corp dropped 1.6%. Chip maker Tokyo Electron shed 0.4%. Australia’s S&P/ASX 200 lost 0.1% to 8,323.00. South Korea’s Kospi declined less than 0.1% to 2,480.63. Hong Kong’s Hang Seng dipped 0.5% to 19,601.11, while the Shanghai Composite was little changed, rising less than 0.1% to 3,370.40.