CNBC Daily Open: U.S. tech rebounds, but Asia isn't buying it yet
The Nasdaq Composite rose more than 1% on Monday in the U.S., after a week in which investors trimmed their exposure to the tech sector. Tesla (+3.8%), Nvidia (+1.4%) and Alphabet (about +1%) led the advance. The rebound did not reach Asia: on Tuesday, South Korea's Kospi fell more than 4% and Japan's Nikkei 225 lost 1.6%. In Europe, Nvidia plans to back four German startups as part of a nearly $10 billion commitment to companies, universities and research institutions across the continent, announced at the Invest in Germany Summit in Berlin.…
- Tesla rose 3.8% Monday as the Nasdaq Composite gained more than 1%.
- South Korea's Kospi fell over 4% and Japan's Nikkei 225 lost 1.6% Tuesday.
- Nvidia will back four German startups within a nearly $10 billion European commitment.
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