Global Tech Sell-Off
Equity markets in the US and Asia decline as Samsung earnings trigger a technology sector rout while Middle East tensions and rising oil prices weigh on investor sentiment.
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- EVENTUS futures slide as oil rally and Middle East tensions weigh on sentiment
Rising energy costs and geopolitical risk are compounding pressure from higher bond yields, pushing equity futures lower ahead of the open.
- EVENTAsian equities slide as US-Iran tensions and tech weakness weigh on sentiment
Risk-off sentiment persists across Asia-Pacific markets, with South Korea's Kosdaq suffering the steepest losses as geopolitical uncertainty continues to cap investor appetite.
- DATAKospi plunges 4% as Samsung earnings spark tech sell-off across Asia
Aggressive profit-taking in technology stocks dragged South Korea's benchmark index to a sharp loss, while Japan's Nikkei traded marginally lower amid broader regional weakness.