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Asian Markets Today: Nikkei, Kospi Slide As Tech Selloff Returns; Hang Seng Falls
Technology stocks remained under pressure after Thursday's rally faded, while lower oil prices reflected easing supply concerns.
Asian stocks today: Nikkei, Kospi fall up to 8% amid tech stocks selloff
Asian equities experienced a sharp decline on June 26, with semiconductor stocks weighing heavily. The MSCI Asia Pacific Index fell 1.7%, while South Korea's Kospi dropped over 3%. Meanwhile, US equity futures pointed to weaker openings, reflecting concerns in global technology markets.
Global Market Today: Asian stocks decline led by tech, oil holds steady
Asian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile session on Wall Street, where tech giants like Apple experienced significant declines. Investors are closely watching the sustainability of high tech valuations amid concerns over AI spending and potential interest rate adjustments by the Federal Reserve.
Nikkei, Kospi lead losses in Asia amidst volatile moves in tech stocks
The broader Asian equity gauge fell 0.6%, while South Korea's tech-heavy Kospi dropped 1.8%. Japan's Nikkei was down 2.79%, while the broader Topix index fell 0.7%.
US stock futures steady; Wall St set for weekly losses after tech rout - Investing.com India
US stock futures steady; Wall St set for weekly losses after tech routInvesting.com India
SpaceX effect: Indian millionaires and family offices hunt for the next big US frontier-tech payoff
Wealthy Indians are increasingly looking to invest in US frontier-tech and AI companies following the successful SpaceX IPO. With significant potential returns, they are accessing these opportunities to diversify globally amid muted local market returns.
US Stock Market Today: S&P 500, Nasdaq Bounce Back From Selloff As Micron Earnings Reignite AI Frenzy
S&P 500 opened 0.62% higher at 7,403.65, tech-heavy Nasdaq Composite rose 0.59% at open to 25,627.43.
India Secures Tech Access Guarantee From US Following Global Mythos AI Revocation
The recent decision to revoke global access to Anthropic's Mythos AI model had sparked questions over whether similar restrictions could affect strategic technology partners.
Top Gainers & Losers on June 25: HFCL, Tata Motors, IndiGo, CarTrade Tech, Paytm, UNO Minda among top gainers - Mint
Top Gainers & Losers on June 25: HFCL, Tata Motors, IndiGo, CarTrade Tech, Paytm, UNO Minda among top gainersMint
China stocks extend gains as tech rally lifts markets
Chinese chipmakers and technology companies led the advance, with notable gains in Cambricon Technologies, Hygon Information Technology, SMIC, Eoptolink Technology, and NAURA Technology.
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
European stocks edge higher on oil, tech relief By Investing.com - Investing.com India
European stocks edge higher on oil, tech relief By Investing.comInvesting.com India