Taiwan stocks open flat as TSMC rises
Taiwan's market opened choppy and near flat, with TSMC up but other big names slipping — a neutral session after a rough day on Wall Street.
- The index opened slightly lower, briefly turned positive, then fell back — no clear direction.
- TSMC opened higher, while MediaTek and Foxconn both opened lower.
- Wall Street fell across the board Monday on worries that AI spending is cooling off.
- Oil prices kept climbing and US government bond yields briefly touched 5%, adding pressure.
Outlook: Taiwan stocks will likely keep swinging with no clear direction until worries about AI spending and rising bond yields settle.