Global equity markets faced renewed selling pressure on Tuesday, with negative sentiment originating in the United States spreading to Asian and European trading sessions.
The broad-based decline reflects a shift in investor sentiment, with technology stocks bearing the brunt of the selling pressure.
The rout followed a losing session on Wall Street, where tech-heavy indices struggled to find support.
As US weakness persisted, the contagion effect was evident in overseas markets, which extended their declines in tandem with American peers.
The broad-based nature of the sell-off suggests that risk aversion is deepening beyond just the technology sector.
This development marks a continuation of the recent volatility, with global equities extending their decline for another session.