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Stocks Drop on Korea-Led Tech Selloff, Oil Gains: Markets Wrap

(Bloomberg) -- A selloff in technology stocks gathered pace as the artificial-intelligence trade unwound, dragging down shares of major chipmakers after a blistering rally. Oil climbed after Iran fired missiles at Israel.

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swissinfo.ch1 mese fa

Stocks Drop on Tech Selloff, Oil Rises on Iran: Markets Wrap

Nasdaq -4.8%, Kospi -8%, chipmakers (Samsung -11%, SK Hynix -10%, TSMC -5.7%) plunge on AI valuation concerns as US jobs data fuels Fed rate-hike expectations. Rising rates and AI bubble concerns pressure IT budgets: capex ROI questioned, startup funding tightens, chip supply volatility re-emerges.

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lunedì 8 giugno 2026·swissinfo.ch
Asian Stocks Drop as Tech Selloff Extends, Oil Up: Markets Wrap
(Bloomberg) -- Asian equities dropped for a third day as a selloff in tech shares gathered momentum and a robust US jobs report fueled expectations for an interest-rate hike by…
lunedì 8 giugno 2026·economictimes.indiatimes.com
Asia markets tumble as tech rout deepens
Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea's KOSPI halting trading after a significant drop. Investors are now weighing the impact of…

Stocks Drop on Korea-Led Tech Selloff, Oil Gains: Markets Wrap

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Stocks Drop on Tech Selloff, Oil Rises on Iran: Markets Wrap

Timeline cronologica

Asian Stocks Drop as Tech Selloff Extends, Oil Up: Markets Wrap

Asia markets tumble as tech rout deepens

Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live

Asia markets tumble as tech rout deepens

Seoul leads steep Asian losses as AI-led tech rally hits wall

Asia markets tumble as tech rout deepens, Iran attacks Israel; STI down 1.6%

Rout in Seoul stocks leads Asian losses as AI tech rally hits wall