Asian Benchmarks Mostly Decline As Markets Await Nvidia Earnings
Asian shares were mostly lower Wednesday, despite a record high on Wall Street, as investors awaited a closely watched earnings report from Nvidia.
Japan's benchmark Nikkei 225 slid nearly 0.3 in morning trading to 38,188.50.
Toyota stock jumped more than 3 after Japanese media reported Japan's top automaker was going to announce a cooperative agreement on fuel cells with European automaker BMW.
Fuel cell vehicles are ecological, running on electricity produced when hydrogen and oxygen combines to form water. Japanese business daily Nikkei reported a partnership will be announced next week.
Toyota Motor Corp., often criticized as falling behind the global push in electric vehicles, is a longtime proponent of fuel cells.
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