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Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading; Down Nearly 3% for the Week
JOYY Enhances Safety Measures Amid Bigo Live App Store Challenges
Express News | JOYY Inc: Apart From Suspension of App Availability to New Users on iOS App Store, JOYY Maintains Normal Operations Globally
Express News | JOYY Inc: In Discussions With Apple, to Work Closely With Platform to Show Bigo Live Meets Internal Policies for Reinstatement to iOS App Store
Express News | JOYY Inc: Bigo Live Has Been Reinstated on Google Play Store
U.S. stock market close | The Federal Reserve takes a hawkish stance, three major Indexes drop together, with the Nasdaq down over 3%; Tesla falls over 8%, leading the decline among Technology giants, while Quantum Computing concept stock, Quantum, soars
The Dow Jones experienced ten consecutive declines, marking the longest streak of losses since 1974. The S&P fell nearly 3%, and the Nasdaq dropped over 3%. Tesla led the tech giants down with a decline of over 8%. The chip index fell nearly 4%, with Broadcom dropping nearly 7%, and NVIDIA initially rose nearly 5% during the day before turning negative. Micron Technology, which provided disappointing guidance for this fiscal quarter, fell over 10% in after-hours trading.