Investing.com - Asian Pacific stock markets opened in a mixed fashion on Wednesday, despite a surge in NVIDIA's shares (NASDAQ:NVDA) overnight.
By 11:15 am AEST (1:15 am GMT) the S&P/ASX 200 fell 0.8%, South Korea's KOSPI 200 added 0.1% and Japan's Nikkei 225 lifted 0.6%.
In the US, Nvidia's rebound broke a three-session decline, boosting the NASDAQ Composite by 1.3% and the S&P 500 by 0.4%. However, the Dow Jones Industrial Average fell by 0.8%.
After briefly becoming the world's most valuable listed company last week, Nvidia shares fell into correction territory on Monday, only to recover by 6.8% on Tuesday.
In other corporate news, cruise company Carnival Corporation (NYSE:CCL) reported an unexpected adjusted quarterly earnings of 11 cents a share, leading to an 8.7% jump in its stock. In contrast, Airbus shares plunged by 9.4% after the company announced production issues that will prevent it from hitting profit targets.
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In the commodity markets, Brent crude oil fell 1.3% to $84.93 a barrel, while gold remained steady at $2,319.70. Bond markets saw a decrease in the yield on Australian 2-year government bonds to 4.01% and 10-year bonds to 4.20%. US Treasury notes rose, with the 2-year yield at 4.74% and the 10-year yield at 4.25%.
Chinese shares declined, with the benchmark Shanghai Composite Index down 0.4% due to losses in semiconductor and tech hardware stocks. Hong Kong's Hang Seng Index edged 0.25% higher, led by consumer and technology services sectors. Japanese stocks ended higher, with the Nikkei Stock Average rising 0.9% on the back of gains in carmakers, trading houses, and banks.
In Europe, the FTSE 100 Index in the U.K. fell 0.4%, with Ocado (LON:OCDO) Group PLC posting the largest decline of 7.1%. The STOXX Europe 600 Index slipped 0.2%, Germany's DAX lost 0.8%, and France's CAC 40 dropped 0.6%.