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(Bloomberg) — Technology stocks dragged global indexes lower at the end of a volatile week as renewed selling in the world’s biggest memory chip makers and a possible delay to OpenAI’s public debut hit sentiment.
A selloff in Samsung Electronics Co. and SK Hynix Inc. triggered a second trading suspension in days in South Korea. OpenAI investor SoftBank Group Corp. tumbled in Japan after the New York Times reported that ChatGPT’s maker could hold off on an initial public offering. Nasdaq 100 futures fell 0.6%, outpacing a 0.2% retreat in S&P 500 contracts. Tech stocks led a 0.4% decline in Europe.
