Friday, October 16, 2026 US Financial & Technology Edition
Market Edition
Updated 05:30 EDT
US Money · Insurance · SaaS
America Pulse Independent Financial & Technology News Wire
New York · Markets
Personal Finance · Investing
Banking · SaaS & Technology
Markets LIVE
Equity S&P 500 $771.79 ▲0.28% Equity Nasdaq $728.00 ▼0.13% Equity Dow $521.18 ▲1.08% Equity Gold $382.71 ▲1.79% Equity WTI Oil $157.31 ▲2.44% Equity Bonds 20Y $79.97 ▲1.37% Crypto BTC $82,029.38 ▲0.66% Crypto ETH $2,440.13 ▲2.50% Crypto XRP $1.33 ▲1.02%
Investing Sep 2, 2026

Taiex plunges as crude oil prices spike amid Middle East concerns - Focus Taiwan

Taiwan Markets Retreat as Geopolitical Tensions Drive Oil Prices Higher

The Taiwan Stock Exchange experienced a sharp selloff on Wednesday as the benchmark Taiex index plummeted 784.00 points, or 1.67 percent, to finish at its lowest level of the session at 46,164.72. Trading activity saw a significant cooling compared to the previous day, with total turnover reaching NT$918.39 billion, which is approximately US$28.95 billion. This represented a substantial drop from the NT$1.19 trillion in turnover recorded during Tuesday's trading.

Middle East Strike Impacts Global Markets

Market analysts linked the day's heavy losses to rising instability in the Middle East

Source: focustaiwan.tw · 2026-09-02

ipt>