- Marmoush double denies Bayern outright Bundesliga top spot
- Rallies worldwide call for Gaza, Lebanon ceasefire
- Maresca hails Chelsea's 'fighting' spirit after draw with 10-man Forest
- New 'Joker' film, a dark musical, tops N.America box office
- Man Utd stalemate keeps Ten Hag in danger, Spurs rocked by Brighton
- Drowned by hurricane, remote N.Carolina towns now struggle for water
- Vikings hold off Jets in London to stay unbeaten
- Ahead of attack anniversary, Netanyahu says: 'We will win'
- West Indies cruise to T20 World Cup win over Scotland
- Arshdeep, Chakravarthy help India hammer Bangladesh in T20 opener
- Lewandowski's quickfire hat-trick powers Liga leaders Barca to Alaves victory
- Man Utd fire another blank in Aston Villa stalemate
- Lewandowski treble powers Liga leaders Barca to Alaves victory
- Russian activist killed on front line in Ukraine
- Openda strike briefly sends Leipzig top of Bundesliga
- Goal-shy Man Utd have to 'step up', says Ten Hag
- India bowl out Bangladesh for 127 in T20 opener
- Madueke rescues Chelsea in draw with 10-man Forest
- Beckett's belief rewarded as Bluestocking storms to Arc glory
- Trump on the stump, Harris hits airwaves in razor-edge US election
- Flash flooding kills three in northern Thailand
- Kaur leads India to victory over Pakistan in Women's T20 World Cup
- Juventus held by Cagliari after late penalty drama
- In France's Marseille, teen 'stabbed 50 times' then burned alive
- Ruthless Gauff beats Muchova in straight sets to win China Open
- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Israel pounds Lebanon ahead of Hamas attack anniversary
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Toddler among 4 dead in migrant Channel crossings
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says 'very violent' Israeli strikes hit south Beirut
- Guardians maul Tigers, miracle Mets rally in MLB series openers
Tech stocks tumble on new Nvidia weakness
Tech firms led equity markets lower Wednesday as chip titan Nvidia lost further ground while disappointing data on US trade also hit sentiment.
The sight of investors running to the hills sparked memories of the brief but tumultuous sell-off at the start of August, which was partly fuelled by a big miss on US jobs creation.
All three leading indexes in New York had ended sharply lower Tuesday, with the tech-heavy Nasdaq hit hard as traders dumped big-name tech firms including Apple, Alphabet and Amazon, while Nvidia shed almost $280 billion of value on fears the surge in artificial intelligence-linked firms may have run too far.
There was no let-up Wednesday as Nvidia lost three percent shortly after the New York open following a Bloomberg report that it has been subpoenaed by US antitrust regulators as part of a probe into its practices.
About 15 minutes into trading, the Nasdaq was down 0.4 percent at 17,075.30.
The broad-based S&P 500 was flat while the Dow Jones Industrial Average edged up 0.2 percent to 41,015.41 points.
Another factor taking sentiment down was data showing that the US trade deficit expanded to $78.8 billion in July, the largest since mid-2022.
Later Wednesday, the US Federal Reserve was to release its "beige book" on economic conditions around the United States.
"When risk reduction takes hold, the most crowded trades tend to bear the brunt, and that's precisely what we saw in Nvidia, which tumbled 9.5 percent as global growth jitters intensified," said independent analyst Stephen Innes.
In Asia, Japan saw a slew of session losers as Advantest plunged 7.7 percent and Tokyo Electron fell more than eight percent, while Sony lost three percent.
TSMC shed more than five percent in Taipei, with SK hynix dumping eight percent in Seoul and Samsung off more than three percent.
Tokyo and Taipei each dived more than four percent overall, while Seoul was 3.2 percent lower.
Elsewhere, oil prices rebounded but then fell back slightly after Tuesday's heavy selling sparked by demand worries linked to a weak Chinese economy and questions over the US outlook, while OPEC's consideration of output hikes added to the pain, analysts said.
Worries about the US economy burst back onto the scene after figures showed a marginal improvement in factory activity in August but it still remained in contraction for a fifth successive month.
The figures come days before a closely watched report on nonfarm payrolls, which could have a big impact on Federal Reserve officials' decision-making going into next week's policy meeting.
The bank is expected to cut interest rates but investors are uncertain how big it will be, with most tipping a reduction of 25 basis points, though a below-forecast reading is seen boosting the chances of a 50-point move.
- Key figures around 1345 GMT -
New York - Dow: UP 0.2 percent at 41,015.41 points
London - FTSE 100: DOWN 0.3 percent at 8,272.53
Paris - CAC 40: DOWN 0.8 percent at 7,512.56
Frankfurt - DAX: DOWN 0.7 percent at 18,617.30
EURO STOXX 50: DOWN 1.4 percent at 4,845.80
Tokyo - Nikkei 225: DOWN 4.2 percent at 37,047.61 (close)
Hong Kong - Hang Seng Index: DOWN 1.1 percent at 17,457.34 (close)
Shanghai - Composite: DOWN 0.7 percent at 2,784.28 (close)
Dollar/yen: DOWN at 144.82 yen from 145.46 yen on Tuesday
Euro/dollar: UP at $1.1058 from $1.1047
Pound/dollar: UP at $1.3132 from $1.3111
Euro/pound: UP at 84.21 pence from 84.17 pence
Brent North Sea Crude: DOWN 0.7 percent at $73.22 per barrel
West Texas Intermediate: DOWN 0.7 percent at $69.84 per barrel
Y.Nakamura--AMWN