Brief
Asian markets mixed as US stocks dip after profit reports
Tokyo, Sydney and Seoul saw divergent moves while US indexes edged lower following early summer profit reports.
By Felo News Desk · Published
Asian shares were trading mixed early Wednesday, Oct. 14, 2026, as interest in chips and artificial intelligence supported some markets, while US indexes slipped after the first batch of summer profit reports, the Associated Press reported via the Winnipeg Free Press.
What happened
Japan’s Nikkei 225 rose 0.6% to 68,193.13. Australia’s S&P/ASX 200 fell 0.7% to 8,723.40. South Korea’s Kospi gained 2.0%, recouping earlier losses. Hong Kong’s Hang Seng edged up 0.1% to 24,377.61, and the Shanghai Composite was essentially flat at 3,801.13.
In the United States, the S&P 500 edged down less than 0.1% to 7,805.45, the Dow Jones Industrial Average dropped 180.45 points to 51,670.10, and the Nasdaq composite fell 41.52 points to 27,204.38.
What the reports add
The AP noted that Goldman Sachs jumped more than 4% early in trading after posting a profit for July‑September that beat expectations, but the stock later erased those gains and finished down 0.2%.
FactSet forecasts overall S&P 500 earnings growth of nearly 30% year‑over‑year for the summer, according to the report, highlighting analysts’ high expectations for US companies.
China’s memory‑chip maker CXMT rose about 1.0% in early Asian trading, while South Korean chip stocks showed mixed moves – Samsung Electronics rose and rival SK Hynix fell.
What was said
No direct quotations were included in the source.
How it came about
The mixed performance follows a week in which US indexes hovered near record highs, as detailed in Felo’s earlier coverage U.S. stocks hover near record highs as mixed trading marks start of week. Earlier Asian market slips were linked to US equity gains and high oil prices, reported in Felo’s Asian markets slip as US equities hit record highs and oil stays high.
Key facts
- Japan's Nikkei 225 rose 0.6% to 68,193.13 (winnipegfreepress.com)
- Australia's S&P/ASX 200 fell 0.7% to 8,723.40 (winnipegfreepress.com)
- US S&P 500 edged down to 7,805.45, down less than 0.1% (winnipegfreepress.com)
- Goldman Sachs stock jumped over 4% before ending down 0.2% (winnipegfreepress.com)
- FactSet projects nearly 30% earnings growth for S&P 500 companies over the summer (winnipegfreepress.com)
Sources
- [1] winnipegfreepress.com — originally reported as “Asian shares trade mixed after US stocks edge back from their record after profit reports”
