Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The Japanese and South Korean stock markets fell in line with the overnight decline of US tech stocks.
According to Golden Finance, the Asia-Pacific market opened lower on Friday, causing previous U.S. tech stocks to decline as investors' hopes for a Fed rate cut in December faded. Oracle (ORCL.N) and AMD (AMD.O) were among the first AI companies to see a drop, while Nvidia (NVDA.O) also pulled back from its gains, closing down over 3%. Additionally, the delayed September jobs report released last night showed that the U.S. economy added 119,000 jobs, surpassing economists' expectations. According to CME FedWatch, investors now estimate the probability of a Fed rate cut next month to be around 40%, which is unfavorable for those betting on lower interest rates. Early market indicators show that tech stocks in Asia are being impacted, with the Nikkei 225 index falling over 2% at the open, and SoftBank Group's stock price dropping 8%; in the South Korean market, the KOSPI index quickly expanded its decline to 4% at the open, with Samsung Electronics down 5% and SK Hynix down 9%. (Jin10)