Posted 2/26/2024, 3:35:14 AM
Stocks Pull Back From Records, Tech Slides As Investors Await Data
- Stock markets mostly lower on Monday due to profit-taking after last week's tech stock surge
- Tokyo's Nikkei index hit a fresh all-time high after beating a decades-old record last week
- Gains fueled by stellar results from AI company Nvidia and tech sector
- Investors awaiting US inflation data and Chinese manufacturing numbers later this week
- Losses in Shanghai despite Beijing announcing measures to stimulate consumer spending