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International Business Times
International Business Times
Business
AFP News

Asian Markets Plunge With Wall St After Nvidia Rout, Weak US Data

Nvidia United States Asia Economy New York Recession US Federal Reserve
Tokyo was among the biggest casualties in a rout across Asia markets led by selling in tech firms (Credit: AFP)

Tech firms led a plunge across Asian markets Wednesday after a rout on Wall Street fuelled by a collapse in chip titan Nvidia and disappointing data on US factory activity that revived recession fears.

The sight of investors running to the hills sparked memories of the brief but tumultuous sell-off at the start of August that was partly fuelled by a big miss on US jobs creation.

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