US stocks fell, Taiwan stocks opened lower and weaker today, and finance and shipping became the hardest hit areas. Wafer foundry leader TSMC led the decline, falling 16 yuan at the end, and electronic weight stocks fell heavily. The weighted index closed at 15,616.68 points, down 389.57 points.
The United States announced that the consumer price index (CPI) in April increased by 8.3% year-on-year. The market is worried that the Federal Reserve (Fed) will accelerate interest rate hikes. The four major U.S. stock indexes closed in the dark. , the aviation duo EVA Air and China Airlines have deepened their declines after midday trading, dragging down shipping stocks and causing the broader market to break through the 15,800-point and 15,700-point integer levels.
TSMC’s decline widened after midday trading, ending with a drop of 16 yuan. The OTC index, which represents small and medium-sized stocks, accelerated to bottom. The broader market fell by more than 300 points, falling below the previous low of 15734 points. Almost all stocks in the late trading session were inactive. At the end, Taiwan stocks fell 389.57 points to close at 15616.68 points. Down 2.43%, the transaction value still narrowed to NT$258.365 billion.
(Editor-in-Chief: Zhuang Yanyu)